On September 17, 2023, New York Attorney General Letitia James announced that 263 apartments in Flatbush and Midwood have been reinstated as rent-stabilized units as part of a settlement.
This agreement resulted from an investigation into Sentinel Real Estate Corporation, which involved illegal deregulation and rent increases, affecting tenants in Brooklyn, Manhattan, and Queens.
The Attorney General’s office has emphasized a commitment to preserving affordable housing in New York City, which is vital to maintaining diverse, economically stable communities.
The new compliance program developed by OAG and Homes and Community Renewal aims to reverse the effects of previous illegal actions, ensuring fair rent for affected tenants.
#rent-stabilization #affordable-housing #new-york-attorney-general #real-estate-regulations #tenant-rights
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