City Pitches 4K Apartments for Industrial Central Brooklyn Stretch
The public will likely learn in October if challenges to rent stabilization—from landlords and trade groups including the Community Housing Improvement Program and Rent Stabilization Association—will proceed before the U.S. Supreme Court.
Landlords say recent and not-so-recent court decisions bolster their position that the Rent Stabilization Law (RSL) amounts to an unconstitutional taking of private property, as they struggle to cover the cost of operating housing. Particularly since RSL reforms in 2019 further limited their ability to raise rents and dictate the use of apartments between tenancies.
Yet tenant advocates and attorneys are urging calm, saying historical court precedent has upheld rent stabilization, and landlords have failed to identify a legitimate legal conflict for the Supreme Court to resolve.
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