On Nov. 29, the tenants and the company that controls Stuyvesant Town and Peter Cooper Village agreed to a tentative $68.7 million settlement, settling claims of rent overcharges since 2003. Under the settlement of the closely watched case, tenants who have lived in the affected...
Due to a landmark deal between owners and government officials, displaced victims of Hurricane Sandy will be given priority for approximately 2,500 vacant apartments throughout the five boroughs. According to the Federal Emergency Management Agency, more than 96,000 households in...
A New York state appeals court recently ruled that a Manhattan apartment complex cannot retroactively give up tax incentives in order to deregulate rent-stabilized units. The unanimous ruling by the Appellate Division, First Department, held that London Terrace Gardens, a complex...
On Oct. 29, as winds from Hurricane Sandy reached its height, the facade of an apartment building in Chelsea tore away, exposing the apartments inside. The building had serious warning signs before the collapse, as fire trucks and emergency vehicles were present before the facade...
A 32-year tenant of a rent-stabilized apartment in the East Village recently won the right to stay in her $992-a-month apartment using what the Daily News dubbed a "sushi defense." The owner had been trying to evict her for six years based on nonprimary residence. If a rent-...
According to the city Department of Buildings, new building permits in Manhattan are up 94 percent since the beginning of the year. And the jump in construction comes even as the cost to build reaches a rate almost on par with costs at the height of the building boom. ...
The final ruling has come down on the Rolling Stones frontman's ex-wife's rent-stabilized Park Avenue apartment. The state's appeals court ruled that Bianca Jagger will have to pay more than $600,000 in back rent. She had appealed an earlier ruling, but the courts have concluded that...
