Overcharge Calculation Reduced, Attorney Fees Awarded in Regina Remand Case

LVT Number: #31305

Tenants signed a two-year unregulated lease in August 2005 at an initial rent of $5,195 per month. Landlord had removed the apartment from rent stabilization in 2003 under high-rent vacancy deregulation provisions of the Rent Stabilization Law then in effect. But the building was receiving J-51 tax benefits at the time, and in October 2009 New York's highest court ruled in Roberts v. Tishman Speyer Properties that an apartment couldn't be deregulated while the building was under J-51.

Full Article Access:

Full access to complete articles from Landlord v. Tenant is for subscribers only.

Not yet ready to subscribe?