Court Declines to Hear Challenges To New York’s Rent Stabilization Laws

Recently, the Supreme Court decided to decline to hear any challenges to New York’s rent stabilization laws from challengers who asked judges to effectively overturn the rent regime that controls more than a million units in the city, which will affect how landlords can lease units. The current rent laws in New York stating what landlords can charge for rent and how much they can raise the rent by will go unchanged for buildings containing six or more units that were built before 1974. Additionally, the laws will also continue to make it more difficult for landlords to refuse new leases, as well as the ability to grant their tenants the ability to make family members their successors of the property and harder for landlords to convert their rental units into condos.

“There is no reason to grant review on any of petitioners’ questions, as none identifies issues of national importance or splits in authority requiring this Court’s intervention,” they told the justices in court papers in one of the cases. “Petitioners’ case would needlessly disrupt the residential rental market, and countless lives, throughout the City.”