Argo Real Estate illegally deregulated 369 rent-stabilized apartments in the Briarwood neighborhood of Queens, despite receiving a tax break requiring that they be leased at below-market rate rents, according to a new lawsuit. The suit claims that Argo did this to apartments across nine buildings in Briarwood while receiving the J-51 tax break, which requires every unit in a building benefiting from it to be rent stabilized, according to Politico. Despite this, the company sent […]
source https://therealdeal.com/2018/03/27/argo-real-estate-illegally-pushed-out-rent-stabilized-tenants-in-queens-lawsuit/
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