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Aras v. B-U Realty Corp., 2023 NY Slip Op 04917 (2023)

Citation
Aras v. B-U Realty Corp., 2023 NY Slip Op 04917 (2023)
Parent Document
Aras v. B-U Realty Corp., 2023 NY Slip Op 04917 (2023)
Jurisdiction
New York (state)
Effective Date
2023-10-03
Original Source
https://www.courtlistener.com/opinion/9430365/aras-v-b-u-realty-corp/ ↗

Other Sections in This Document (169)

Full Text

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Accordingly, those rules remain good law. It is certainly likely that many landlords who deregulated rent stabilized apartments under luxury decontrol prior to Roberts and Gersten while receiving J-51 benefits were relying in good faith on what turned out to be incorrect guidance from DHCR and were not engaged in fraudulent schemes. However, the fact that DHCR was giving misleading advice does not preclude the possibility that some landlords who decontrolled apartments while receiving J-51 benefits were engaged in fraudulent schemes.