Tenant in HDFC co-op building remains rent stabilized #25741.

Position:RENT STABILIZATION COVERAGE
 
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Tenant complained of rent overcharge. Landlord argued that tenant wasn't subject to rent stabilization. The DRA ruled for tenant. Landlord appealed and lost. Landlord pointed out that the HDFC had acquired the building from the City of New York in 1995. The building then was converted to cooperative ownership under an eviction plan. But tenant lived in the apartment as a rent-stabilized tenant before the co-op conversion. And the conversion plan stated that all non-purchasing tenants would be offered rent-stabilized leases, and may be subject to eviction after one or two...

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