Improvements Bring Rent to More Than $2,000

December 1, 1997

LVT Number: 11969

Landlord sued to evict tenant from a deregulated apartment. Tenant claimed that the apartment was subject to rent stabilization. The court ruled for landlord without a trial, and tenant appealed and lost. After prior tenant moved out, landlord renovated the apartment. The new rent, based on 1/40th of the cost of apartment improvements and applicable vacancy increase, was more than $2,000 per month. So the apartment qualified for high-rent vacancy deregulation.

Landlord sued to evict tenant from a deregulated apartment. Tenant claimed that the apartment was subject to rent stabilization. The court ruled for landlord without a trial, and tenant appealed and lost. After prior tenant moved out, landlord renovated the apartment. The new rent, based on 1/40th of the cost of apartment improvements and applicable vacancy increase, was more than $2,000 per month. So the apartment qualified for high-rent vacancy deregulation. New tenant had been subtenant of prior tenant and had agreed to the renovations, which were completed before the new lease was signed.

12 E. 86th St. Assocs. v. Goldberg: NYLJ, p. 28, col. 5 (11/17/97) (App. T. 1 Dept.; Ostrau, PJ, McCooe, Freedman, JJ)

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