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The first legal challenge to New York City’s rent freeze is about far more than this year’s Rent Guidelines Board vote.Six landlords filed an Article 78 petition in New York Supreme Court seeking to overturn the Rent Guidelines Board’s Ju...
Last week’s primary contests and the subsequent rent freeze vote were a one-two punch for the real estate industry.Both further dimmed hopes for favorable city and statewide policy, while setting up potential legal challenges from those who o...
New York City’s rent-stabilized landlords got the policy outcome they feared for months: no rent increase at all.The Rent Guidelines Board voted 7-1 Thursday night to freeze rents on both one- and two-year rent-stabilized leases, handing Mayo...
As a rent freeze on New York City’s rent-stabilized apartments appears increasingly likely, some landlords are being thrown a bone by Mayor Zohran Mamdani’s administration.Eligible owners will be permitted to make a one-time rent increase o...