January 8, 2016
Man Overcharged by Landlord for 16 Years Awarded $900K and a $784/Month Apartment
Score one for the little guy! After having his rent-stabilized apartment illegally deregulated and his rent jacked up to more than five times what it should have been, an appellate court has awarded Upper West Side man Lane Altschuler $900,000 in damages, and they've re-stabilized his 1,500-square-foot pad to just $784 a month.
According to the Daily News, Altschuler moved into the three-bedroom, two-bath unit at 478 Central Park West back in 2000, but his landlord, Mann Realty, illegally began raising the rent shortly after he got settled. The figure eventually ballooned to $3,750 a month in 2009, right after the building was converted into luxury condos.
more on what happened here
more on what happened here
