NEW YORK CITY-The owner of a Chelsea apartment complex cannot retroactively leave the J-51 tax abatement program and deregulate its apartments by repaying all the tax credits it received, a unanimous state appellate panel ruled yesterday.

NEW YORK CITY-An investment firm that agreed to buy distressed notes and hand over to the sellers most of the proceeds from litigation over the notes may be engaged in champerty, a Manhattan commercial division judge has ruled.

NEW YORK CITY-A Second Circuit panel has ruled that agreements between New York City and a group representing some 50 construction unions do not violate federal labor law.

LONG BEACH, NY-A developer may proceed with a lawsuit challenging a Long Beach zoning board's decision to withdraw approval for a new condominium building.

NEW YORK CITY-The US Supreme Court has decided not to hear a lawsuit challenging New York City’s rent stabilization laws.

NEW YORK CITY-A TriBeCa apartment complex that continued to receive J-51 benefits in error has been corrected by the New York City Department of Finance.

NEW YORK CITY-An appellate court has upheld an earlier Court of Appeals ruling barring deregulation of J-51 apartment. The decision could impact tenants throughout the city, including Stuy Town/Peter Cooper Village.

NEW YORK CITY-A federal judge has barred New York City from turning two Civil War-era Brooklyn buildings over to private developers as part of its plan to develop Brooklyn Bridge Park.