Thursday 26 July 2018

Big City Realty tenants win key court victory. Here’s what happens next

A class action rent-overcharge lawsuit initially dismissed by a state court judge was revived Thursday in a 3-2 decision by the first division of the appellate court. Tenants at 11 buildings owned by Harlem landlord Big City Realty attempted to sue as one, alleging in 2016 that the landlord violated rent-stabilization requirement of the J-51 tax abatement and charged inflated rents by exaggerating the costs of apartment improvements in filings with the state’s housing regulator. […]



source https://therealdeal.com/2018/07/26/big-city-realty-tenants-win-key-court-victory-heres-what-happens-next/

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