361 E. 50th St. LLC v. Lupo

Synopsis

Appellate Term 1st Dept affirms Housing Court decision denying tenant's motion to vacate a two-attorney stipulation of settlement. Tenant failed to meet the very high standard for vacatur of two-attorney stipulations and had benefitted from the stipulation. Tenant's argument that the apartment may have been unlawfully deregulated was held an insufficient basis to vacate, particularly where tenant offered no facts to challenge the high-rent vacancy deregulation.