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Jack Parker Corp. illegally deregulated Parker Tower units: lawsuit

Jack Parker Corp. illegally deregulated Parker Tower units: lawsuit

A group of Parker Towers tenants is suing the Jack Parker Corporation, alleging the company illegally deregulated numerous units at the Queens apartment complex. The lawsuit, filed Wednesday, is one of the largest J-51 lawsuits in the city’s history. The 1,350-unit Forest Hills rental apartment complex received tax breaks under the J-51 program, which requires landlords to keep apartments rent-stabilized, through December 2010, the lawsuit says. Despite receiving those tax breaks, the landlord leased out […]


Source: realdeal

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