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LIC Tenant says Tishman Speyer Hiked His Rent in Violation of Rent Stabilization Laws
LIC Tenant says Tishman Speyer Hiked His Rent in Violation of Rent Stabilization Laws

Sept. 23, 2022 By Czarinna Andres

A tenant of a luxury apartment complex in Long Island City has filed a lawsuit alleging that a major development company hiked his rent by 58 percent—in violation of rent stabilization laws, the Commercial Observer reported.

The lawsuit, which was filed by a tenant of Jackson Park along with the watchdog group Housing Rights Initiative, was class certified by a New York State Supreme Court judge this week, which could permit other tenants of the 1,800-unit development to sign on to the suit.

The suit has been filed against Tishman Speyer, accusing the developer of the 28-10 Jackson Ave. building of skirting the rent stabilization regulations that it must adhere to as a beneficiary of the 421a tax-abatement program.

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