Rent freeze lawsuit tests limits of City Hall influence over RGB

by The Real Deal

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 June decision to freeze rents for the city’s roughly 1 million stabilized apartments. The petition asks the court to annul the vote and send it back to the board for reconsideration, arguing the process was arbitrary and politically predetermined. The case lands squarely on one of Mayor Zohran Mamdani’s signature campaign promises.  Landlords argue Mamdani effectively guaranteed the outcome by […]

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