New Yorkers are starting to see some progress in the fight to rein in “de facto” rent-stabilization buildings in New York City. Attorney General Letitia James’ office shared the news of its first settlement under the Office of the Attorney General’s Rent Stabilization Compliance Program on Sept. 28. It targets de facto rent-stabilization buildings, which are buildings that increased in unit size without registering with the city.
The press release was shared on the New York State Attorney General’s website, where it explained that more than 50 landlords had been contacted as part of the state’s new compliance program that was launched in May 2025.
Now, James’ office says that it has reached a settlement in the first of those cases, which includes a landlord named John Anderson and the company 921 Fulton St. Corp…