Liggett v. Lew Realty LLC, 180 N.Y.S.3d 115 (2022)

Citation: Liggett v. Lew Realty LLC, 180 N.Y.S.3d 115 (2022)
Parent Document: Liggett v. Lew Realty LLC, 180 N.Y.S.3d 115 (2022)
Jurisdiction: New York (state)
Effective Date: 2022-12-08
Original Source: https://www.courtlistener.com/opinion/9328646/liggett-v-lew-realty-llc/ ↗

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Pursuant to the 2000 stipulation, which was so-ordered by Civil Court, defendant and McKinney agreed that the apartment was no longer subject to rent control, but rather rent-stabilized. They stipulated that the initial legal regulated rent for the apartment would be $1,650 per month. Defendant agreed to offer and McKinney agreed to accept a two-year rent-stabilized lease. They also agreed that McKinney would pay, and defendant would accept, the lower preferential rent of $650 per month, plus allowable renewal increases. The preferential rent would remain in effect for as long as McKinney remained the tenant and did not challenge the rent. Those further terms were set forth in a rider to the lease. After McKinney accepted and signed the lease, defendant filed it with DHCR, attaching the so-ordered stipulation, the lease rider and proof it had mailed the entire package to McKinney, along with a Notice of Initial Rent.

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