NEW YORK CITY — More than 1,800 apartments will become rent-stabilized after their landlords opted for a tax benefit program that requires them to provide their tenants with rent-stabilized leases, officials announced on Thursday.
An investigation from Attorney General Eric Schneiderman found that at least 2,332 units across the city should have been rent-stabilized because their landlords have been receiving lucrative tax benefits under a New York Real Property Tax Law, known as the 421-a law.
Of those, 1,823 units are in the process of becoming rent-stabilized after 111 landlords agreed to resolve their violations, according to Schneiderman's office.
Additionally, the attorney general reached settlements with 18 landlords, forcing them to pay fines and to bring 408 units into rent stabilization.
There are still 52 landlords who are in violation for failing to rent stabilize 509 units covered under the law. They face private litigations from tenants and possible revocation of their tax benefits if they do not comply, according to the attorney general's office.
“Landlords of rental buildings who accept these tax incentives must follow through on their end of the bargain and offer rent-regulated leases to their tenants. That’s a central benefit of the 421-a law,” Schneiderman said. “The return of these apartments to rent stabilization will not only bring economic stability to the families that occupy them, but also honor the spirit of the law as it was intended,” he said.
The state's Division of Housing and Community Renewal and the city's Department of Housing Preservation and Development are the primary enforcers of the 421-a law.
Both agencies did not immediately respond to a request for comment and could not provide a timeline for when the apartments would become rent stabilized.
The units that are in the process of becoming rent stabilized due to the 18 settlements are located:
• 241 S. 2nd St., Brooklyn
• 208 S. 3rd St., Brooklyn
• 120 S. 2nd St., Brooklyn
• 337 Bedford Ave., Brooklyn
• 442 S. 5th St., Brooklyn
• 147 Maujer St., Brooklyn
• 543-545 Kosciuszko St., Brooklyn
• 417-419 Hart St., Brooklyn
• 367 Classon Ave., Brooklyn
• 185-187 Clifton Place, Brooklyn
• 2801 Emmons Ave., Brooklyn
• 782 Hart St., Brooklyn
• 43-24 Robinson St., Queens
• 1997 Ocean Ave., Brooklyn
• 71-57 161st St., Queens
• 630 Metropolitan Ave., Queens
• 124-128 Gaitling Place, Queens
• 271 Nassau Ave., Brooklyn
• 187 23rd St., Brooklyn
• 131 Wythe Ave., Brooklyn
The landlords currently still in violation of the 421-a law include:
Building Address | Borough | Landlord | Appx. # residential apartments |
375-377 Franklin Avenue | Brooklyn | 375 Franklin Avenue LLC | 10 |
160 and 178 East 117th Street | Manhattan | Ate Kays 2 LLC | 41 |
54-37/39 101st Street | Queens | DA 101 Realty LLC | 10 |
102-17 Martense Avenue | Queens | Lovely Home LLC | 5 |
1205 New York Avenue | Brooklyn | 1201 New York Avenue LLC | 9 |
299 McGuiness Boulevard | Brooklyn | 301 Development LLC | 10 |
141 Dupont Street | Brooklyn | 98 Clay St. LLC | 8 |
754 40th Street | Brooklyn | 754 40th Street LLC | 8 |
6 Bayridge Avenue | Brooklyn | 8 Loujain LLC | 6 |
3052 Brighton 5th Street | Brooklyn | DMR Holding LLC | 15 |
41-28 Junction Boulevard | Queens | Ji Ping Yu and Tse Hwa Yu | 8 |
28 Melrose Street | Brooklyn | 28 Melrose Realty LLC | 6 |
518 Meeker Avenue | Brooklyn | 518 Meeker Avenue Realty, Inc. | 10 |
411 99th Street | Brooklyn | Garg Development, Inc. | 4 |
279 Lake Street | Brooklyn | 279 Lake Street LLC | 12 |
2815 Shell Road | Brooklyn | Kujtim Lulani | 3 |
2813 Shell Road | Brooklyn | Zuber and Zada Nikovic | 3 |
2817 Shore Parkway | Brooklyn | Angelo and Felice Dellegrazie | 3 |
2613 & 2615 Shore Parkway | Brooklyn | Lina & Emmanuele Alaimo | 6 |
215 Bay 49th Street | Brooklyn | Jian Sheng Lin and Lian Xiu Tan | 3 |
22-43 28th Street | Queens | Louis Pace | 5 |
52 Avenue W | Brooklyn | Cheung Kong International Co. Inc. | 6 |
679 East 3rd Street | Brooklyn | 679 East 3rd LLC | 5 |
516-518 Kingston Avenue | Brooklyn | 516 Kingston LLC | 5 |
146 Diamond Street | Brooklyn | 146 Diamond LLC | 4 |
300 20th Street | Brooklyn | 300 20th Street LLC | 4 |
27-35 21st Street 35-12 31st Street 35-14 31st Street 35-16 31st Street 35-18 31st Street | Queens | Sanvito Realty Holding Corp. | 35 |
141-48 84th Drive | Queens | Ko-Am LLC | 21 |
1223 42nd Street | Brooklyn | Hadassah Oberlander | 3 |
186 Green Street | Brooklyn | Osho Developers 186 LLC | 8 |
48-10 111th Street | Queens | Marx Development Corp. | 20 |
345 Ovington Avenue | Brooklyn | 345 Ovington LLC | 25 |
64-01 Woodside Avenue | Queens | 64-01 Woodside Realty Inc. | 27 |
1569 84th Street | Brooklyn | 1569 84th Street LLC | 6 |
194 Wallabout Street | Brooklyn | Flushing Acquisitions Holdings, LLC | 4 |
15 Bay 29th Street | Brooklyn | 1529 Bay 29th Street Realty Corp. | 6 |
17 and 21 Bay 31th Street | Brooklyn | LMJ Realty LLC | 12 |
165 West 9th Street | Brooklyn | Tunnel Condos LLC | 10 |
1713 Bath Avenue | Brooklyn | Guo Hui Wu and Li Li Chen | 6 |
1270 58th Street | Brooklyn | Moses Trebitsh | 3 |
57, 59, 61 Bay 31st Street | Brooklyn | 57 Bay 31 Street LLC | 9 |
73 and 75 Grand Avenue | Brooklyn | The Grand 73 LLC | 19 |
1775 East 17th Street | Brooklyn | 1775 East 17th St BH LLC | 6 |
132-41 41st Road | Queens | 132-45 LLC | 10 |
158-04 79th Avenue | Queens | Lewis Realty Management, Inc. | 8 |
71-45 160th Street | Queens | 71-45 160th Street LLC | 8 |
240 Richardson Street | Brooklyn | GW Properties of NY LLC | 7 |
133-20 Avery Avenue | Queens | New West Lake Holding LLC | 23 |
3738 Shore Parkway | Brooklyn | Meserau Court LLC | 6 |
489 Maple Street | Brooklyn | Maple 18 Corp. | 3 |
2607 Albemarle Road 2603 Albemarle Road 910 Rogers Avenue 89 Veronica Place | Brooklyn | Rogers Plaza LLC | 12 |
2605 Albemarle Road | Brooklyn | Glendora Burnett-Gentles | 3 |
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