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Court Strikes Down Portion of New York's Rent Control Law

A controversial statewide rent control law passed into law by the state of New York last year has suffered a setback in the state's highest court.
April 6, 2020, 11am PDT | James Brasuell | @CasualBrasuell
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Ryan DeBerardinis

"The highest court in the state has struck down a portion of New York’s new rent law, concluding that it violates due process," reports Georgia Kromrei. 

"The court ruled in landlords’ favor that the Housing Stability and Tenant Protection Act of 2019 should not apply retroactively to cases involving J-51 rent overcharges," adds Kromrei. "It also limits the rent used to calculate damages to four years prior to a complaint."

According to a source quoted in the article, the ruling opens the door for more challenges of the state's rent control law. For more background on the law, see past coverage from Planetizen:

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Published on Thursday, April 2, 2020 in The Real Deal
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