Wednesday 21 March 2018

Parker Towers tenants sue Jack Parker, alleging illegal deregulation

A group of Parker Towers tenants is suing the Jack Parker Corporation, alleging the company illegally deregulated numerous units at the Queens apartment complex. The class action, filed Wednesday, is one of the largest J-51 lawsuits in the city’s history. According to the lawsuit, the 1,350-unit Forest Hills rental apartment complex received tax breaks under the J-51 program, which requires landlords to keep apartments rent-stabilized, until about 2010. Jack Parker nonetheless leased out apartments at […]



source https://therealdeal.com/2018/03/21/parker-towers-tenants-sue-jack-parker-alleging-illegal-deregulation/

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