Regulate this court: New York City rent laws may face their demise before the U.S. Supreme Court ...Middle East

NY Daily News - Opinion
source : NY Daily News ( Middle East ) () 99
Having lost at the trial and appeals level, landlords of regulated buildings are asking the Supreme Court to pull the rug out from under New York’s rent-control regime, arguing the court should review its case “to establish that forcing a select group of property owners to subsidize tenants who cannot afford market rents effects a regulatory taking.” A taking is a constitutional no-no — seizing one’s property without just compensation.

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