Ansonia Residents Ass'n v. New York State Division of Housing & Community Renewal
New York Court of Appeals
1Opinion of the Court
OPINION OF THE COURT
Alexander, J.
The primary issue presented on this appeal is whether the Rent Stabilization Law authorizes the Division of Housing and Community Renewal to award a permanent rent increase to an owner who completes a major capital improvement of a rent stabilized building. We conclude that it does. Thus we reject appellants’ contention that the agency erred in construing the statutory requirement that the costs of such improvements be "amortized” as describing the method by which the corresponding rent increase is to be calculated rather than mandating that any such increase…
2Cases cited7 opinions
- Kurcsics v. Merchants Mutual InsuranceNew York Court of Appeals · 1980
- In re Charles A. Field Delivery Service, Inc.New York Court of Appeals · 1985
- Salvati v. EimickeNew York Court of Appeals · 1988
- 8200 Realty Corp. v. LindsayNew York Court of Appeals · 1970
- Colt Industries, Inc. v. New York City Department of FinanceNew York Court of Appeals · 1985
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3Cited by65 opinions
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- West Village Associates v. Division of Housing & Community RenewalAppellate Division of the Supreme Court of the State of New York · 2000
- Federal Home Loan Mortgage Corp. v. New York State Division of Housing & Community RenewalNew York Court of Appeals · 1995
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