BBG News

Sherwin Belkin Quoted in The Real Deal on 421a Lawsuit

Aug 1, 2021

A recent 421a lawsuit brought on by Brooklyn residents against landlord John Catsimatidis has been dismissed. The suit alleged that landlords improperly reported on an inflated first rent payment in developments that received 421a tax abatements. The decision is an important milestone that addressed the merits, finding the complaint lacking in merit. This case will ultimately be resolved at the appellate level.

Read the full article in The Real Deal

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