Posted by Lise on May 08, 2000 at 15:48:03:
Can anyone share information or advice on this???
I won a DHCR Overcharge case (with triple damages) against my upper west side landlord in 1993 (without hiring a lawyer). The landlord filed a PAR and subsequently sold the building. Recently, the PAR was denied by the DHCR. The original landlord's lawyers have now contacted me to say that an escrow account was set up when the building was sold, to pay me if the PAR was denied. And they are now ready to send me the money - the exact amount determined by the DHCR in 1993. (They also informed me that the escrow account contains well over the figure determined in 1993) I contacted DHCR and was told that I am entitled to 9% annual interest up until date of payment. The landlord's lawyers refuse to discuss this.
What chance have I to get this interest, which is considerable? What kinds of laws regulate escrow accounts like this one? Can these lawyers legally keep the additional amount they don't want to pay me?
What are my options to resolving this? Do I need a lawyer? And, if so, can anyone suggest good knowledgeable (reasonably priced) lawyers to help with this?
Any help/advice will be much appreciated!
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