Lease Named Corporate Tenant

July 31, 2003

LVT Number: 16743

Landlord sued to evict corporate tenant from a rent-stabilized apartment after its renewal lease ended. The court ruled for landlord. Tenant appealed, claiming that it was entitled to a renewal lease. The appeals court ruled against tenant. Tenant, a corporation, first rented the apartment in 1976. The lease didn't state that the apartment was rented for specific individuals, and a series of corporate officers lived in the apartment over the years. So tenant wasn't entitled to a renewal lease under the Rent Stabilization Law.

Landlord sued to evict corporate tenant from a rent-stabilized apartment after its renewal lease ended. The court ruled for landlord. Tenant appealed, claiming that it was entitled to a renewal lease. The appeals court ruled against tenant. Tenant, a corporation, first rented the apartment in 1976. The lease didn't state that the apartment was rented for specific individuals, and a series of corporate officers lived in the apartment over the years. So tenant wasn't entitled to a renewal lease under the Rent Stabilization Law.

Trump Park Ave. LLC v. Georgetown Manor, Inc.: NYLJ, 7/9/03, p. 18, col. 2 (App. T. 1 Dept.; McCooe, JP, Gangel-Jacob, Schoenfeld, JJ)

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