Apartments Covered
LVT Number: 15039
Landlord, a not-for-profit institution, sued to evict tenants because it wished to use the apartments for its charitable or educational purposes. Landlord claimed that tenants were exempt from rent stabilization. Tenants claimed that they remained rent stabilized under the law because they were living in the apartments before landlord bought the building. Landlord claimed that prior landlord, which owned the building between 1969 and 1982, was actually related to landlord, and so the apartments were exempt. The court ruled against landlord. Landlord appealed and lost. Prior landlord was a separate, for-profit entity. Tenants who moved in while prior landlord owned the building remained subject to rent stabilization.
The Jewish Theological Seminary of America v. Roy: NYLJ, 5/18/01, p. 18, col. 1 (App. T.1 Dept.; Parness, PJ, Davis, Suarez, JJ)