New bill would expose landlords to more tenant union lawsuits

by The Real Deal NY

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.

Christopher Greco

Christopher Greco

Broker Associate License ID: 0680437

+1(973) 406-4603

GET MORE INFORMATION

Name
Phone*
Message