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Another J-51 deregulation case

Started by NWT
about 16 years ago
Posts: 6643
Member since: Sep 2008
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Following upon Roberts v. Tishman-Speyer, ten tenants at London Terrace Gardens (http://www.streeteasy.com/nyc/building/425-west-23-street-new_york) have filed a class action suit against the buildings' owners. The tenants claim the owners continued to deregulate units and failed to restore units to regulation after they started receiving J-51 tax breaks in 2002. The tenants are asking for return to rent stabilization and damages. The 10 tenants pay market rents of $3,100 to $7,500. The case isn't up on eCourts yet, but has index 603468/2009. Dugan v. London Terrace Gardens, LP.
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