Supreme Court upholds rent stabilization laws in New York
These laws set strict rules on leasing units in buildings with six or more units built before 1974.
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Rent stabilization laws in New York will remain in effect after the Supreme Court declined to hear challenges brought by owners of apartment buildings.
These laws set strict rules on leasing units in buildings with six or more units built before 1974.
They also limit how much a landlord can charge and raise rates each year.The two cases were brought by owners of apartment buildings that called the rent control provisions unconstitutional.
