Taiwanese man on student visa sought succession rights in rent-stabilized apartment after his partner’s untimely death. Ta-Wei Yu, a Taiwanese citizen, has resided in New York City since being admitted to the United States in 2005 on a still-valid F-1 student visa. While pursuing his doctorate in music, Yu entered into a committed romantic relationship with a native New Yorker. In 2012 Yu moved into his partner’s rent-stabilized apartment. His partner died suddenly in 2015, … <Read More>
Search Results for: Appeal
Realty Trust Must Pay Higher Tax Rate
City Tax Appeals Tribunal determined transfer was not eligible for special reduced rate. One Park Avenue Mezz Partners LLC, a subsidiary of industry giant Vornado Realty Trust, held a 100 percent equity interest in a commercial building located at One Park Avenue in Manhattan. In March 2011, while looking to refinance the building, Vornado had that equity interest transferred in full to two new subsidiary real estate investment trusts. The compensation was roughly $5.6 million … <Read More>
Second Circuit Upholds Ruling that Loft Tenants Have Property Rights in Bankruptcy Proceedings
Loft Law prevents using bankruptcy as a tool to circumvent housing law. In 2002, Bridge Associates of Soho, Inc. (“Bridge Associates”) acquired 99 Vandam Street in the SoHo neighborhood of Manhattan. 99 Vandam is a seven-story residential loft building that has been governed by Article 7-C of the New York Multiple Dwelling Law (“Loft Law”) since approximately 1991. Loft Law governs the conversion of manufacturing and commercial use buildings to residential use buildings. The law … <Read More>
City Council Holds Another Hearing on the Parks Capital Process
Other agencies still missing from Council’s hearing on Park’s capital process. On November 12, 2019, the City Council’s Committee on Parks, Committee on Contracts, and Subcommittee on Capital Budget held a joint oversight hearing titled “Improving the Efficiency of Parks Department Capital Projects.” The hearing was chaired respectively by Council Members Peter Koo, Ben Kallos and Vanessa L. Gibson. This hearing was held in order to create a dialogue about the state of the capital … <Read More>
Appellate Division Upholds City’s Sale of Bronx Waterfront Property
A Bronx not-for-profit sues City over the sale of waterfront property to a private developer. The City sold Pier 5 to a private developer to facilitate the construction of the Bronx Point development. Pier 5 is a 4.4 acre plot of land bounded by Mill Pond Park to the North, the 149th Street Bridge to the South, the Major Deegan Expressway to the East and the Harlem River to the West. The development anticipates … <Read More>
City Ejects Houseboat from Marina
Owner lived year-round in houseboat moored in Flushing marina which offers only seasonal permits. In 1996 George Anton purchased a medium-sized, 1971-vintage motorboat. At the time, the boat lacked an engine and was docked at the World’s Fair Marina, located in Flushing Bay. Anton and his wife converted the motorboat into a houseboat and made it their permanent home.