Can't Challenge Initial Rent After Foreclosed Building Bought

Tenant filed a fair market rent appeal in March 1984. Tenant moved into the apartment in May 1975 at a monthly rent of $160. The DRA reduced tenant's initial rent to $70, and landlord appealed. Landlord pointed out that the city had owned the building from May 1975 until March 1976. The DHCR ruled for landlord. The city owned the building at the time it was vacancy-decontrolled and when tenant moved in. Under the Rent Stabilization Code, the initial legal rent for tenant's apartment was the last rent charged by the city. That rent wasn't subject to a fair market rent appeal.

360 West 127th Street, Apt. 3W: DHCR Adm. Rev. Dckt. No. EB 410252-RO (6/11/93) [3-page document]