New York City's rent stabilization law has long permitted a building's owner to recover possession of an apartment when the owner seeks to use the apartment as a primary residence for himself or members of his immediate family.
Can an Owner Recover an Entire Building for Personal Use?
New York City's rent stabilization law has long permitted a building's owner to recover possession of an apartment when the owner seeks to use the apartment as a primary residence for himself or members of his immediate family. Suppose, however, an owner seeks to convert an entire apartment building to single-family use. May the owner refuse to renew the leases of multiple rent-stabilized tenants? In a decision certain to be appealed, a Manhattan Supreme Court justice has held that the answer is no ' unless the landlord seeks and obtains approval from the Division of Housing and Community Renewal (DHCR).
By
Stewart E. Sterk
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