LANDLORD MUST PAY ALMOST $1 MILLION IN FOR OVERCHARGE ON STABILIZED CENTRAL PARK DUPLEX

According to the Daily News, an Upper West Side Tenant has been awarded almost $1 million dollars in overcharges for his 3 bedroom 2 bath duplex apartment.  The article reports that the court found that the overcharge, stemming from luxury deregulation while the building was subject to J-51 benefits, was willful.  The Rent Stabilization Code provides that where rent overcharges are willful, courts may impose treble damages, that is one dollar for every dollar overcharged.  The court also lowered the tenant’s rent form $3750 to $784/month.

The ruling stems from a 2009 case involving thousands of apartments in Stuyvesant Town and Peter Cooper Village.

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