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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Section 2520

Citation
Section 2520
Parent Document
Bartis v. Harbor Tech, LLC, 2016 NY Slip Op 8831 (2016)
Jurisdiction
New York (state)
Effective Date
2016-12-28

Other Sections in This Document (77)

Full Text

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at 201). The First Department found that this raised a triable issue of fact as to whether the ETPA’s exemption for housing accommodations in buildings substantially rehabilitated as family units applied, noting that the “implicit purpose of the exemption is to give a landlord the investment incentive of the recoupment of his rehabilitation costs free of a stabilized rent” and that it “would be a ridiculous perversion of the statute to hold that when the costs are substantially borne by the tenants it would qualify the landlord for unregulated rent and leave the tenants defenseless against increased exactions” (id.).