Non-Purchasing Tenants in Former Mitchell-Lama Building Weren't Rent Stabilized
LVT Number: #30430
Nonpurchasing tenants in a cooperative building complex sued landlord co-op corporation, claiming that they were rent stabilized. The court ruled against tenants, who appealed and lost. The complex didn't become rent stabilized when it was withdrawn from the Mitchell-Lama program in June 2004 since the units were both "financed by loans from" the NYC Housing Development Corporation (HDC), which was a "public benefit corporation," and "subject to rent regulation under the private housing finance law" Article XII.
West Village Houses Renters Union v. WVH Hous. Dev. Fund Corp.: 2019 NY Slip Op 06861 (App. Div. 1 Dept.; 9/26/19; Friedman, JP, Renwick, Tom, Gesmer, Oing, JJ)