Loft not “re-regulated” by recent Loft Law amendments.
Loft tenants sought coverage under the 2010 amendments to the Loft Law. Rejecting the argument that the amendments operated to “re-regulate” the unit, ALJ Ingrid M. Addison ruled that a former tenant’s sale of rights and fixtures to the landlord removed the tenant’s unit from rent regulation. ALJ Addison noted that the unit is subject to all other provisions of the Loft Law, except for rent regulation. Matter of Taylor (in PDF), OATH Index No. 2051/11 (Sept. 9, 2011).