The Real Deal New York

Judge denies Stahl lawsuit against Landmarks

Landlord seeking to de-landmark two UES rental buildings

January 14, 2016 03:35PM

429 East 64th Street

429 East 64th Street on the Upper East Side

A New York State Supreme Court judge ruled against Stahl Real Estate’s bid to de-landmark two Upper East Side buildings that the landlord wished to tear down and redevelop.

Midtown-based Stahl sued the city’s Landmarks Preservation Commission in 2014 over the adjacent properties, located at 429 East 64th Street and 430 East 65th Street between York and First Avenues.

While the landlord claimed the rental buildings weren’t making enough money, a judge ruled Tuesday that Stahl had failed to prove Landmarks had broken any laws by denying its application to demolish and rebuild the 100-year-old, mostly rent-stabilized properties, according to the New York Observer. The buildings were landmarked in 2006.

The judge added that Stahl’s “hardship application,” which Landmarks denied, was caused by the landlord sitting on 100 vacant apartments that it refused to rent out, according to the New York Daily News.

A Stahl attorney told the Observer that the company plans on appealing the decision. [NYO and NYDN] – Rey Mashayekhi

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