Saturday, April 13, 2024
HomejudiciarySCOTUS won't hear case that would slash New York City rent control...

SCOTUS won’t hear case that would slash New York City rent control as critics claim ‘unsustainable’ status quo

The Supreme Court declined to take up a case that sought to slash New York City’s decades-old rent control law, but lawyers for the property owners claimed it’s “not the end of the road.” 

“Let’s be clear. The Supreme Court’s actions today do not certify New York’s Rent Stabilization Law is constitutional,” the Community Housing Improvement Program (CHIP) and the Rent Stabilization Association of NYC (RSA) said Monday in a joint statement. 

CHIP and RSA first sued the city in 2019, challenging the constitutionality of New York’s 50-year-old Rent Stabilization Law.

“We knew that bringing facial challenges to the law was an uphill battle, but that was also the quickest and most efficient way to provide the broadest relief for all property owners suffering from unconstitutional restrictions under this law,” the statement said.

“Bad laws and disregard for property rights are not good for anyone. They’re not good for landlords, they’re not good for tenants, and they’re not good for the economy,” he added. 

Brianna Herlihy is a politics writer for Fox News Digital.

RELATED ARTICLES

Most Popular