AG James re-regulates several Brooklyn apartment buildings

September 17, 2024 Brooklyn Eagle Staff

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FLATBUSH/ALBANY — SEVERAL BUILDINGS IN FLATBUSH AND MIDWOOD were reinstated as rent-stabilized as part of NY Attorney General Letitia James’ investigation and agreement with a real estate corporation, her office announced on Tuesday, Sept. 17. James and New York State Homes and Community Renewal (HCR) Commissioner RuthAnne Visnauskas said a total of 263 apartments throughout the city that had been either illegally deregulated or were subjected to illegal rent increases by the former owners, who were landlords affiliated with the Sentinel Real Estate Corporation. The impacted apartments were in 21 buildings in Central Brooklyn, Manhattan and Queens, according to a map provided with the Attorney General’s announcement.

In August 2022, James secured $4 million to preserve and expand affordable housing in New York City from the Sentinel-affiliated owners following an investigation. Before the settlement was reached, the former owners sold some of their buildings to new owners after illegally deregulating units and increasing rents. The OAG and Homes and Community Renewal agency developed a compliance program, working with the new owners to reduce rents in more than 300 apartments, including 263 re-regulated units.

The Brooklyn buildings are at 921 Washington Avenue and 941 Washington Avenue (across from the Brooklyn Botanic Garden); 2105 Foster Avenue in Flatbush; 230 Ocean Parkway and 483 Ocean Parkway in Kensington; 31 Ocean Parkway near the Old Parade Grounds; 65 Ocean Avenue and 100 Woodruff Ave., adjacent to Prospect Park; 70 Dahill Road, south of Green-Wood Cemetery; and 100 Lefferts Avenue in Prospect-Lefferts Gardens.

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