West v. B.C.R.E.-90 West Street, LLC

OPINION OF THE COURT

Robert R. Reed, J.

This action concerns the question of whether the provisions of the Rent Stabilization Law governing high rent deregulation apply to apartments which are rent-stabilized as a result of the property owner’s receipt of tax benefits, pursuant to section 421-g of the Real Property Tax Law, and/or low interest mortgage loans, pursuant to the Private Housing Finance Law.

Defendants B.C.R.E.—90 West Street, LLC (B.C.R.E., or the owner) and Lee Rosen move, pursuant to CPLR 3212, for an order (1) granting defendants summary judgment in their favor on: (a)…