Bloomberg Law
Feb. 6, 2023, 9:38 PM UTCUpdated: Feb. 7, 2023, 2:57 PM UTC

NYC Rent Stabilization Rules Beat Challenges by Landlords (1)

Mike Leonard
Mike Leonard
Legal Reporter

Tenant-friendly changes made to New York City’s rent stabilization rules in 2019 were constitutional, a federal appeals court ruled Monday, turning back a pair of challenges brought by landlords.

The US Court of Appeals for the Second Circuit upheld amendments to the New York City Rent Stabilization Law, saying they complied with due process and the takings clause of the Fifth Amendment, which requires the government to pay fair market value when it seizes property for a public purpose.

Judge Barrington D. Parker, writing for the appeals court, cited a “long line of consistent authority” from the US Supreme Court, ...

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