Appellate Division of the Supreme Court of the State of New York December 11, 2012 (Schiffren v. Lawlor)

This court is called upon, once again, to consider the interplay of an owner’s participation in the J-51 tax benefit program (see RPTL 489; Administrative Code of City of NY § 11-243) with luxury deregulation of a rent-regulated dwelling unit (see Rent Stabilization Law of 1969 [Administrative Code of City of NY] § 26-504).