No Substantial Rehab Exemption Without DOB Letter of Completion
LVT Number: #30964
Landlord applied to the DHCR for a ruling that its building was exempt from rent stabilization due to substantial rehabilitation after Jan. 1, 1974. Landlord claimed it spent over $1 million to gut-renovate the building between 2015 and 2016. The DRA ruled against landlord, who appealed and lost. The DRA had granted landlord's nine requests for additional time to submit requested documentation. Landlord never submitted a DOB Letter of Completion or other necessary proof.
1509 Pacific Residences, LLC: DHCR Adm. Rev. Docket IO210016RO (8/12/20) [8-pg. doc.]