Legal Opinion

Versailles Realty Co. v. New York State Division of Housing & Community Renewal

New York Court of Appeals

Decided June 28, 1990PublishedCited by 29 opinions

POINTS OF COUNSEL

1Opinion of the Court

OPINION OF THE COURT

Kaye, J.

A regulation promulgated by the Division of Housing and Community Renewal (the DHCR) which prohibits rent increases for major capital improvements (MCI’s) funded out of the cash reserve fund established by a newly converted cooperative corporation is a proper exercise of the agency’s authority, as is the application of that regulation to all administrative proceedings pending at the time of its adoption. We therefore affirm the Appellate Division order that denied the rent increases sought by petitioners.

Shortly after the cooperative conversion of their Forest…

2Cases cited7 opinions

  1. Boreali v. AxelrodNew York Court of Appeals · 1987
  2. Nicholas v. KahnNew York Court of Appeals · 1979
  3. Ansonia Residents Ass'n v. New York State Division of Housing & Community RenewalNew York Court of Appeals · 1989
  4. Festa v. LeshenAppellate Division of the Supreme Court of the State of New York · 1989
  5. Molina v. Games Management ServicesNew York Court of Appeals · 1983

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3Cited by29 opinions

  1. Gaines v. New York State Division of Housing & Community RenewalNew York Court of Appeals · 1997
  2. Rent Stabilization Ass'n of New York City, Inc. v. HigginsNew York Court of Appeals · 1993
  3. Ig Second Generation v. DhcrNew York Court of Appeals · 2008
  4. New York City Committee for Taxi Safety v. New York City Taxi & Limousine CommissionAppellate Division of the Supreme Court of the State of New York · 1998
  5. Allstate Insurance v. Belt Parkway Imaging, P.C.Appellate Division of the Supreme Court of the State of New York · 2006

24 more not listed; retrieve them via the Exa API.

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