UES landlord scores rare win on rent-regulation front

TRD New York /
Aug.August 05, 2010 09:00 AM

A State Supreme Court judge ruled in favor of an Upper East Side landlord this week in a case brought by tenants seeking to have their deregulated apartments returned to rent-stabilized rates, according to the Wall Street Journal. The building in question, a 34-story, 415-unit rental at 444 East 82nd Street owned by Clermont York Associates, began switching over units to market-rate rents in 1994 but continued to accept J-51 tax breaks from the city for building improvements until the 1997-1998 tax year, according to the court’s decision. Tenants, who, like many others this year, are following in the footsteps of those at Stuyvesant Town and Peter Cooper Village, had argued in their complaint that it was illegal for the landlord to raise their rents during that period and the apartments deregulated should therefore return to their lower rates. The judge dismissed their complaint Tuesday, saying that the four plaintiffs should argue their case before the state’s Division of Housing and Community Renewal first. [WSJ]

 

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