Sherwin Belkin Referenced in NYAA’s Housing New York Update on Rent-Stabilization and Demolition Inquiries

In the New York Apartment Association’s Housing New York daily update, Sherwin Belkin, co-founding partner of Belkin Burden Goldman LLP, was referenced in a segment discussing the growing crisis in rent-stabilized housing and the uptick in demolition and substantial rehabilitation inquiries.

Belkin’s insights, originally shared with The Real Deal, were highlighted in the context of a failed deregulation attempt in Williamsburg, where the Division of Homes and Community Renewal denied a sub-rehab application despite the building being vacant and deteriorated. As Belkin noted, “Getting state approval requires a detailed presentation to DHCR addressing all requisite elements of sub rehab,” especially under the current regulatory climate and proposed rent freeze policies.

The newsletter underscores the financial distress facing rent-stabilized property owners and the legal hurdles they must navigate to preserve property value and viability.