Landlord Can Seek Luxury Deregulation After J-51 Benefits Expire
LVT Number: #24533
Landlord applied for high-rent/high-income deregulation of tenant's rent-stabilized apartment. Tenant claimed that he wasn't subject to high-rent deregulation because the building received J-51 tax benefits. But landlord pointed out that the building was subject to rent stabilization both before and after the J-51 benefits expired. The DHCR ruled against tenant, who appealed and lost.