A lawsuit filed on October 30, 2026 claims that Two Trees, a Brooklyn developer, illegally raised rents at its property located at 300 Ashland Place in Fort Greene, Brooklyn, after receiving a special tax carve‑out from the New York state budget.
Tenants allege the rent increases breach the conditions of the tax break, which was designed to promote affordable leasing. The developer had recently secured the carve‑out to encourage affordable housing, but the alleged actions contradict that purpose.