52 landlords are still flouting 421a rent rules: officials [MAP]

Rabsky Group, Alan Lapes among the owners named by AG, mayor and governor

TRD New York /
Dec.December 03, 2015 05:15 PM

Gov. Andrew Cuomo, Mayor Bill de Blasio and Attorney General Eric Schneiderman released a list of landlords with properties that benefit from 421a tax abatements but allegedly don’t offer rent-regulated leases to tenants.

The officials’ list covers 509 units in 59 buildings, mostly in Brooklyn and Queens, owned by 52 different entities, the names of which mostly appear only as LLCs, according to a news release.

The buildings include 194 Wallabout Street in South Williamsburg, which is listed as being owned by an entity associated with Simon Dushinsky’s Rabsky Group. Rabsky was recently accused of abusing preferential rent rules at its Driggs rental building in Williamsburg. The company has denied those claims.

Also listed was 165 West 9th Street, owned by Alan Lapes, who, as of 2013, was the city’s largest operator of for-profit homeless shelters.

The governor, mayor and AG also announced that 128 other landlords of 421a buildings, who were targeted in the Real Estate Tax Compliance Program, have agreed to register their properties – 1,823 units total – and offer rent regulated leases.

Landlord Aron Kapelyus was among those who recently settled with the city. He operated 10 different entities which owned a combined 134 apartments in 10 buildings in Williamsburg and Bedford-Stuyvesant. He agreed to offer rent stabilized leases for the first time, and pay $103,500 to the city’s Affordable Housing – AG Settlement Fund.

Related Articles

Blackstone CEO Steven Schwartzman and Stuyvesant Town (Credit: Getty Images)

After authorities vowed review of Stuy Town deal, Blackstone changes course on vacancies

Real Capital Analytics data showed that New York’s multifamily market had a very slow July. (Credit: iStock)

New NYC rent law “beginning to shut down investment”

Some landlords say they plan to close the door to vacant apartments and wait for the laws to change (Credit: iStock)

Creative ways NYC landlords are getting around the new rent rules

Cases to challenge tenant residency have declined since June (Credit: iStock)

More rent-law fallout: Landlords back off “absentee” tenants

10 Hanover Square (Credit: Google Maps)

FiDi landlord violated rent stabilization regs for years: lawsuit

Here’s why landlords don’t hate California’s rent control bill

Cea Weaver (Credit: Elijah Stevens)

The tenant movement’s giant killer

The state’s guidance has left some in the industry scratching their heads. (Credit: iStock)

State punts question of rent increases on vacant stabilized apartments to city