Colonnade Management, LLC v. Warner
Appellate Terms of the Supreme Court of New York
1Opinion of the Court
*53OPINION OF THE COURT
2Per curiam
Order, dated June 23, 2004, affirmed, with $10 costs.
The 2003 amendment (L 2003, ch 82, § 6) to the Rent Stabilization Law of 1969 (Administrative Code of City of NY) § 26-501 et seq. (RSL) permits an owner to discontinue a preferential rent and to resume charging the legal regulated rent upon a renewal lease. RSL § 26-511 (c) (14) pertinently provides that where a tenant is charged and pays a preferential rent, “the amount of rent . . . which may be charged upon renewal or upon vacancy . . . may, at the option of the owner, be based upon [either such preferential rent or…
3Cases cited3 opinions
- Century Operating Corp. v. PopolizioNew York Court of Appeals · 1983
- Missionary Sisters of the Sacred Heart v. New York State Division of Housing & Community RenewalAppellate Division of the Supreme Court of the State of New York · 2001
- Aijaz v. Hillside Place, LLCAppellate Terms of the Supreme Court of New York · 2005
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