83rd Street Apt. Co., LLC v. Shaustyuk

OPINION OF THE COURT

Memorandum.

Ordered that the final judgment is affirmed, without costs.

“The SCRIE [Senior Citizen Rent Increase Exemption] program grants rent increase exemption orders to eligible senior citizen tenants residing in rent-controlled and rent-stabilized apartments. . . . To compensate a landlord who is barred from collecting rent increases from a SCRIE-qualified tenant, the City grants the landlord a real property tax abatement in an amount equal to the rent increase exemption” (Matter of Jadam Equities v Stupp, 182 Misc 2d 666, 667 [Sup Ct, NY County 1999]).

In this…