The state’s highest court heard arguments Tuesday on whether a coalition of tenants are owed rent reimbursement because the building owner received certain tax abatements more than a decade ago in exchange for converting the property to residential use.
An attorney representing the tenants in the case argued before the state Court of Appeals that the plain text of a section of the state’s real property tax law guaranteed that their units be subject to rent stabilization, and should therefore justify a payout.
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