Grossman v. MKF Realty Corp.

Full title: JOEL GROSSMAN et al., Respondents, v. MKF REALTY CORP., Appellant

Court: Appellate Division of the Supreme Court of New York, First Department

Date published: Apr 19, 1994

203 A.D.2d 129 (N.Y. App. Div. 1994)

610 N.Y.S.2d 247

Opinion

April 19, 1994

Appeal from the Supreme Court, New York County (Joan Lobis, J.).

As the IAS Court properly determined ( 155 Misc.2d 841), the 1992 amendment to the Loft Law (Multiple Dwelling Law § 284 [ii]; L 1992, ch 227, § 1), providing that owners who take certain steps to bring their premises up to residential standards "shall hereafter be deemed in compliance", creates a new right to collect rents prospectively, and was not intended to confer an entitlement to back rents accruing since April 1, 1980.

Concur — Murphy, P.J., Rosenberger, Wallach, Ross and Rubin, JJ.