Landlord Must Refund $93,000 Overcharge Due to 1988 Rent Reduction Order
LVT Number: #29874
Rent-stabilized tenant complained of rent overcharge and claimed that a rent increase based on individual apartment improvements (IAIs) was improperly calculated. The DRA ruled for tenant and ordered landlord to refund $93,000, including interest. The overcharge was based on a rent freeze due to a 1988 rent reduction order that was still in place. The DRA found no willful overcharge and didn't assess triple damages.
229 Street LLC: DHCR Adm. Rev. Docket No. FT210052RO (11/7/19) [4-pg. doc.]