![Lightstone is Target of Latest 421a Rent Increase Lawsuit](https://static.therealdeal.com/wp-content/uploads/2024/07/ft_NY_Lightstone-421a-Violation-in-LIC-700x496.jpg)
A photo illustration of Lightstone Group CEO and founder David Lichtenstein along with Gantry Park Landing at 2-14 50th Avenue in Long Island City (Getty, Lightstone Group, Google Maps)
Residential
New York
Jul 26, 2024
Lightstone is latest target of 421a rent lawsuit
Developer set base rent without factoring in concessions, allowing for 30% bump