Case Type
Other
Housing Type
Other
Court
Supreme Court of the State of New York
County
New York County (Manhattan)
L&T / Index / Case / Docket / Clerk's Number
153317/2020
Slip Opinion Number
2024 NY Slip Op 32003(U)
Petitioner
511 Lafayette LLC, Lior 854 Putnam Property LLC, 577 Bed Stuy LLC
Respondent
Louise Carroll, as Commissioner of the New York City Department of Housing Preservation & Development
Judge
Bluth, Arlene P.
Decision/Order Date
2024-06-11
Posture
Pre-answer Motion by Petitioner
Disposition
Case Dismissed/discontinued
Winner
Other
Synopsis
In a dispute over tax exemptions under Section 421-a of the Real Property Tax Law, petitioners argued that the replacement ratio requirement for affordable housing units under Option D unfairly hindered their condo projects in Brooklyn. The court upheld the agency's application of the statutory replacement ratio, rejecting petitioners' claim that Option D should be exempt. The decision underscored deference to agency interpretations and the statutory framework's explicit requirements, despite petitioners' objections on policy grounds.
Recommended Citation
"511 Lafayette LLC v. Carroll" (2024). All Decisions. 1581.
https://ir.lawnet.fordham.edu/housing_court_all/1581
