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Landlord & Tenant Law
Prior Landlord's Purchaser of Loft Tenant's Improvements Exempted Unit from Rent Regulation
Aurora Associates v. Locatelli, NYLJ 2/16/22, p. 19, col. 2, Court of Appeals (4-2 decision; majority opinion by Garcia, J; dissenting opinion by Wilson, J.).
In loft landlord's summary holdover proceeding against tenant, landlord appealed from the Appellate Division's affirmance of a grant of summary judgment to tenant. The Court of Appeals reversed and granted summary judgment to landlord, holding that prior landlord's purchase of prior tenant's improvements exempted the unit from rent regulation.
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