Supreme Court, Kings County · February 7, 2026 · 89 Misc 3d 977
545 WARREN ST v NYS DIV HOUS
Read the official decision: 89 Misc 3d 977
This record is held from search listings because it does not meet the site’s substance floor; the official text is linked below.
Holding The court held that the 30-year affordability period for the cooperative building, established by the regulatory agreement and foundational documents, remains in effect until 2032. The federal regulation’s 15-year requirement is a minimum, not a maximum, and the defendants retain authority to review and approve unit sales.
The court’s words
The court holds that compliance with HOME obligations and requirements for a 30-year period is required.
89 Misc 3d 977, at the official text
The clear language of the controlling federal regulation requires recipients of HOME subsidies to maintain its affordability and resale restrictions for ‘‘not less than’’ a ‘‘minimum’’ of 15 years.
89 Misc 3d 977, at the official text
Shares of plaintiff shall not be sold on the open market until such Affordability Period expires.
89 Misc 3d 977, at the official text
| Court | Supreme Court, Kings County |
|---|---|
| Decided | February 7, 2026 |
| Citation | 89 Misc 3d 977 |
| Area of law | Landlord and Tenant and Housing |
| Week | Week ending February 7, 2026 |
| Official text | Official decision: 89 Misc 3d 977 |
| Source feed | New York advance sheet: 26nyadv37.pdf |
| Law Watch record id | 95 |
Recommended citation
ESQ HQ, New York Law Watch, 545 WARREN ST v NYS DIV HOUS, 89 Misc 3d 977 (Supreme Court, Kings County, February 7, 2026), https://esqhq.com/decisions/89-misc-3d-977/
How this record was made
Holding drafted by Law Watch’s in-house model, graded by three reviewers; every quotation verified word for word against the official text.
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