Tenants of this building are suing their landlord, claiming that the landlord illegally deregulated rent-stabilized units while receiving tax abatements form the city. View Full Caption
MANHATTAN — A Harlem landlord enjoyed nearly $100,000 in tax breaks under a city housing program despite illegally deregulating the majority of rent-stabilized apartments in his building, according to a class action lawsuit filed by tenants Wednesday.
The building, 746 St. Nicholas Ave., is part of the city’s J-51 program, which gives landlords tax breaks for renovating buildings as long as all residential units on the property are rent stabilized.| This post is an excerpt. Click here to read the full post. |