Deregulation ruling can't be reversed based on later, lower income: #23270.

Position:RENT STABILIZATION COVERAGE - Brief article
 
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Landlord filed for high-rent/high-income deregulation of tenant's apartment in 2008. The DRA ruled for landlord since tenant's income was more than $175,000 in both 2006 and 2007. Tenant appealed, claiming that he suffered financial reverses and earned less than $50,000 in 2009. The DHCR ruled against tenant, who appealed and lost. Under Rent Stabilization Law Section 26-504.3, landlord's 2008 application permitted the...

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