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WEST v. B.C.R.E-90 W. ST., LLC

157031/15, 6590, 6589.

161 A.D.3d 566 (2018)

78 N.Y.S.3d 96

2018 NY Slip Op 03622

William T. West et al., Respondents-Appellants, v. B.C.R.E-90 West Street, LLC, Appellant-Respondent, et al., Defendant.

Appellate Division of the Supreme Court of New York, First Department.

Decided May 17, 2018.

For the reasons stated in Kuzmich v 50 Murray St. Acquisition LLC (157 A.D.3d 556 [1st Dept 2018]), buildings receiving tax benefits pursuant to Real Property Tax Law § 421-g are subject to the luxury vacancy decontrol provisions of the Rent Stabilization Law of 1969 (Administrative Code of City of NY) § 26-504.2 (a).

The fact that the subject building additionally received low-interest mortgage financing from the...

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