The latest out of Independence Plaza North, the Tribeca complex where tenants alleged illegal deregulated rents, is this: the complex is not subject to rent stabilization laws, according to a state appeals panel. The complex received J-51 benefits in error, that error's been fixed, and the whole saga doesn't mean the complex is rent stabilized. The tenants' lawyers are pursuing another appeal. And here we go again. [GlobeSt]
Filed under:
Loading comments...