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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

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

Other Sections in This Document (41)

Full Text

546 chars
The majority asserts that plaintiff fails to allege that the first rent-stabilized rent exceeded fair market value. This is incorrect. Plaintiff correctly argues in her complaint, to the motion court and to this Court, that the only rent that the landlord proposed and McKinney agreed to pay was $650 per month, that this sum was the only rent subject to the arm's length negotiation contemplated by the Rent Stabilization Code to establish fair market value, and that it should therefore have been registered as the initial legal regulated rent.