300 Wadsworth Avenue. Photo: Google Maps First Department Rejects Landlord's Constitutional Challenge to NYC's Rent-Increase Limit Law
The landlord had argued any "retroactive application" of New York City's Housing Stability and Tenant Protection Act of 2019 that limited its planned rent hike would be an unconstitutional deprivation of its "preexisting rental-increase rights," according to the decision.
November 15, 2022 at 02:40 PM
3 minute read
A state appeals court has rejected a Manhattan landlord's suit arguing that because it began apartment renovations two weeks before the effective date of a law limiting renovations-based rent hikes, it had a "vested right" to increase rent based on the old law.
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