DHCR Must Adjust Rents Based on Unique Circumstances

September 30, 2006

LVT Number: 19182

Landlord asked the DHCR to adjust some initial legal regulated rents in the building based on unique and peculiar circumstances. The DHCR ruled against landlord. Landlord appealed and won. The court ruled for landlord, saying that the DHCR's decision was arbitrary and unreasonable. The case was sent back to the DHCR for adjustment of rents under ETPR Section 2502.3(b).

Landlord asked the DHCR to adjust some initial legal regulated rents in the building based on unique and peculiar circumstances. The DHCR ruled against landlord. Landlord appealed and won. The court ruled for landlord, saying that the DHCR's decision was arbitrary and unreasonable. The case was sent back to the DHCR for adjustment of rents under ETPR Section 2502.3(b).

Executive Towers at Lido v. DHCR: NYLJ, 9/25/06, p. 34, col. 5 (App. Div. 2 Dept.; Florio, JP, Ritter, Goldstein, Lifson, JJ)

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