Friday, 4 October 2019

FiDi landlord violated rent stabilization regs for years: lawsuit

Two tenants at a building in the Financial District are suing their landlord over alleged violations of New York’s rent stabilization laws. Bruce Hackney and Timothy Smith, who live at 10 Hanover Square, are suing their landlord UDR Inc., saying it violated the 421-g tax benefits program, which provides tax breaks for landlords as long as they provide their tenants with rent-stabilized leases. The two men say they did not receive a rent-stabilized lease when



source https://therealdeal.com/2019/10/04/lower-manhattan-landlord-violated-rent-stabilization-regs-for-years-lawsuit/

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