After Owner Occupancy in RS…

The past week has had a couple interesting, opinion-prevoking questions regarding owner occupancy in a rent stabilized building. These made me wonder, if a landlord did legally and genuinely take over an apartment for owner occupancy and live in it for a few years, what happens to the status of the apt if they were to move out? I would assume it isn’t automatically destabilized, but was wondering what happens next? Does it continue with the same stabilized rent as before the owner occupied it? This topic doesn’t seem to be mentioned on the DHCR site. Anyone know?

By yanks21 |