Sign In
Events
Newsletters
Search

Close

Close Search

Cancel

SEARCH
MY LAW.COMNEW

Hillside Park 168 LLC v. Khan

Holdover Proceeding Arising From Refusal to Sign Renewal Lease for Rent-Stabilized Apartme

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

TRIAL DECISION/ORDER

*1 Petitioner commenced this holdover proceeding seeking possession of the subject rent stabilized apartment on the basis that the tenant of record, Respondent Md. Assaduzzaman Khan (“Respondent”), failed to sign a properly offered lease renewal, upon expiration of a vacancy lease. The lease renewals offered to Respondent depicted two rents, a higher legal rent and a lower preferential rent, with increases on both. The first renewal lease offered to Respondent dated June 18, 2015 and effective October 1, 2015, sought to renew the lease with the applicable rent guidelines increases known at that time. The renewal offer depicted both a reserved base legal rent of $1,320.00, which was being increased, and an offer to extend the preferential rent at $1,200.00 for a one year period or $1,215.00 for a two year period. In June 2015, upon the Rent Guidelines Board’s (“RGB”) setting the new increases, Petitioner issued another lease renewal offer reflecting the appropriate adjustments to the increases, but also modified the preferential rent offer by increasing it to $1,320.00 for a one-year period and $1,336.50 for a two-year period. Respondent refused to sign both of the lease renewal offers, which precipitated the commencement of the instant holdover proceeding.After several adjournments, a trial commenced on September 27, 2017 and concluded on October 10, 2017. Post-trial memoranda of law were also submitted by the parties on November 14, 2017.

Trending Stories

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

LEARN MORE

More From ALM

Premium Subscription
With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now
Team Accounts
Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now
Bundle Subscriptions
Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now
Go to CLE Center
British Legal Awards 2024
November 27, 2024
London

Celebrating achievement, excellence, and innovation in the legal profession in the UK.


Learn More
GlobeSt. Healthcare Real Estate 2024
December 02, 2024 - December 03, 2024
Scottsdale, AZ

Join the industry's top owners, investors, developers, brokers and financiers for the real estate healthcare event of the year!


Learn More
ThinkAdvisor LUMINARIES Awards 2024
December 11, 2024
Las Vegas, NV

This event shines a spotlight on how individuals and firms are changing the investment advisory industry where it matters most.


Learn More
Go to Events Go to Webcasts
INTELLECTUAL PROPERTY PROSECUTION PARALEGAL

INTELLECTUAL PROPERTY PROSECUTION PARALEGAL - NEW JERSEY OR NEW YORK OFFICESProminent mid-Atlantic law firm with multiple regional office lo...


Apply Now ›
ATTORNEY - REMOTE - NEW YORK

Experienced Insurance Defense Attorney.No in office requirement.Send resume to:


Apply Now ›
Associate Justice- Appellate Division, Palau Supreme Court

The Republic of Palau Judiciary is seeking applicants for one Associate Justice position who will be assigned to the Appellate Division of ...


Apply Now ›
Go to Lawjobs