New bill would expose landlords to more tenant union lawsuits
A new City Council proposed bill would give tenant unions and other consumers more firepower to sue landlords. The POWER Act, which has the backing of the Mamdani administration, would create a private right of action for consumers and nonprofits to bring individual lawsuits, class actions or cases on behalf of the general public alleging unfair or abusive business practices. Currently, consumers can only sue corporations over deceptive business practices. Though the bill covers all types of business, its backers have pointed to real estate as a prime area for its impact. Plaintiffs would be able to seek compensatory damages […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Open-Air Centers Thrive As Enclosed Malls Expire

Indonesian Tycoon Mochtar Riady’s OUE REIT Boosts Stake In
Sydney Skyscraper In Deal Valued At $607 Million

2027 Kitchen Design Trends: Leading Indicators, Part
1:

2027 Kitchen Design Trends: Leading Indicators, Part
2

New Report Reveals Hidden Homeownership Costs For 30 U.S.
Cities

Data Centers Aren’t Crowding Out Construction, Except In Hot
Spots

Tov Enters The Furniture Rental Market With A Design-Forward
Approach

Long Island’s historic Oheka Castle finds buyer for $72M at
auction

J Scott: The House of Cards Is Going to Fall

Turning $12K in Rent Payments Into a $1.3M Real Estate
Portfolio


