Thursday, May 28, 2009
Why This Bill is Crucial
The Bill creates a new window period for recognition of loft tenants.
This Bill is extremely pressing as the conflicting rulings by the First and
Second Department Appellate Divisions will soon face resolution in the NYS
Court of Appeals. Were this decision to favor the Brooklyn reading of the
ETPA, about a thousand loft tenants will face immediate eviction.
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