Only NY Agency Can Settle Rent Hike Suits, Atty Says

Law360, New York (December 4, 2012, 5:25 PM EST) -- An attorney for a New York City apartment complex told a state appeals court Tuesday that a state housing agency, and not the courts, should resolve two class actions over allegedly illegal rent hikes, part of the fallout from a landmark rent stabilization decision.

Robert Goldstein of Borah Goldstein Altschuler Nahins & Goidel PC, who represents the thousand-apartment London Terrace complex in Manhattan's Chelsea neighborhood, told a five-judge Appellate Division panel that landlords have been confused about the rent stabilization rules since the New York Court...
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