Supreme Court Upholds New York Rent Stabilization Laws
The Supreme Court declined to hear challenges to New York's rent stabilization laws, which impose strict rules on landlords leasing some units, meaning the laws will stand. The laws, which apply to buildings with six or more units built before 1974, limit rent charges and lease renewals, and make it difficult for landlords to convert rental units into condominiums. Landlords argued the laws violate the US Constitution, but lower courts ruled against them. The city's lawyers argued the laws protect tenants and communities, and the Supreme Court declined to intervene, leaving the rent stabilization laws in place.