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Supreme Court:

Article 78 Petition Against NYC:
CITY’S DENIAL OF J-51 BENEFITS REVERSED AS ARBITRARY AND CAPRICIOUS
LITIGATION

Supreme Court:

Article 78 Petition Against NYC:
CITY’S DENIAL OF J-51 BENEFITS REVERSED AS ARBITRARY AND CAPRICIOUS

Article 78 petition directing City of New York to process the petitioner’s J-51 tax benefits “retroactively” as of 2012 for benefits having a projected long-term value of approximately $2.4 million dollars and resulted in a simultaneous increase in the value of the property.

Williamsburg Lofts, LLC v New York City Dept. of Hous. Preserv. And Dev., Sup. Ct., October 22, 2014, New York County, Lobis J. Index No. 100681/2014)