New York multifamily buyers continue to discover that a claimed high-rent vacancy deregulation can collapse once the renovation file is examined. In Malina v 158 Management LLC, the Appellate Division affirmed that apartment 51 remained rent-stabilized and that the legal regulated rent stood at $1,092.41. The court noted that the defendants did not submit invoices, contracts or checks specific to the unit, nor testimony that tied any renovation records to it. Market-rate leas