Dossier
421-a tax credit program
Coverage of 421-a tax credit program in the Nexus archive.
- American Copper Building tenants sue landlord for allegedly overcharging rent-stabilized units throughout building
Tenants of the American Copper Building in Manhattan filed a class action lawsuit against Black Spruce Management, alleging systematic overcharging of rent-stabilized units by inflating registered rents while offering initial discounts. The lawsuit claims tenants were forced to accept illegal rent hikes exceeding legal limits, with demands for refunds and lease reforms.