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Making Sense of the 421-A Rent Concession Appeals
By Jeffrey Turkel
Landlords initially renting up new RPTL 421-a buildings routinely give incoming rent-stabilized tenants rent concessions to account for the fact that construction may be ongoing, and that there may still be punch list items in the apartments. This seemingly innocuous practice, however, has led to class-action litigation wherein tenants allege that rent concessions are part of a fraudulent scheme that results in massive building-wide overcharges under the Rent Stabilization Law.
By NYRE Staff
Purchaser of Mixed-Use Building, Not Master Lessee of Residential Units, Liable for Rent Overcharges
Questions of Fact About Liability for Broker Commission After Expiration of Brokerage Agreement
Statute of Limitations Does Not Bar Strict Foreclosure Action
By NYRE Staff
Evidence Supports Award of Severance Damages
By NYRE Staff
Neighbors Have Standing to Challenge Use Variance for Operation of Concrete Manufacturing Plant
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