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

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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