Building Owner added apartments and lacked new certificate of occupancy. GVS Properties LLC owned a 10-story residential building at 600 West 161st Street in Manhattan. In 1970, GVS Properties received a certificate of occupancy that permitted 53 apartments in the building. In 2014 GVS Properties applied for a certificate of occupancy to validate alterations to the building which had increased the number of apartments to 60. Buildings refused to grant the certificate of occupancy because … <Read More>
apartments
Court of Appeals Rules Tenant’s West Village Apartment Is No Longer Rent-Stabilized
Post-vacancy increases included in calculation for rent stabilization deregulation. On April 26, 2018, the New York Court of Appeals held that vacancy increases are included in determining if the rent amount triggers deregulation of a rent-stabilized apartment. Richard Altman sued 285 West Fourth LLC, its landlord, asking the court to declare that his apartment is subject to rent stabilization and requiring the landlord to offer Altman a rent-stabilized lease. Rent stabilization provides tenants with rates … <Read More>