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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Paikoff v. Harris, 185 Misc. 2d 372 (1999)

Citation
Paikoff v. Harris, 185 Misc. 2d 372 (1999)
Parent Document
Paikoff v. Harris, 185 Misc. 2d 372 (1999)
Jurisdiction
New York (state)
Effective Date
1999-10-12

Full Text

547 chars
We do not read this provision, as do the tenants, as focusing on the size of the increase. Rather, its clear meaning is that the rent may not be increased beyond the rents being charged for comparable apartments. Contrary to what tenants may believe and the Housing Court may have indicated, the purpose of the statute was not to institute a system of rent regulation for “non-purchasing tenants” but to prevent sponsors from charging these tenants above-market rents as a means of forcing them out (see, Legislative Finding, L 1982, ch 555, § 1).