Friday, May 9, 2008

"Unique or Peculiar" Circumstances increases

Shortly after Laurence Gluck (Stellar Management) took our building out of the Mitchell-Lama program, and into rent stabilization, he filed an application under the "unique or peculiar circumstances" exception to the state law (the Emergency Tenant Protection Act of 1974), claiming that just leaving Mitchell-Lama justified raising our rent stabilized rents to market rate.

The state opposes him, so Gluck is now suing the state's housing agency to enforce what he claims is his right. Read about it on .