Apartments Deregulated After J-51 Benefits End

(Decision submitted by Jennifer Ecker of the Manhattan law firm of Borah, Goldstein, Altshuler, Schwartz & Nahins, PC, attorneys for the owner.) Tenants sued landlord, claiming that they were subject to rent stabilization. The court ruled against tenants and dismissed their complaint. The building had been rent stabilized while landlord received J-51 tax benefits. But the tax benefits expired on June 30, 1994. And landlord gave tenants proper notice that their apartments had been rent stabilized only because of J-51. The building wasn't otherwise subject to stabilization.

Ogando v. Pamela Equities Corp.: Index No. 101198/06 (Sup. Ct. NY; Acosta, J) [2-pg. doc.)