Wednesday 27 November 2019

Big landlords are funding small ones’ rent-law challenge

Though small landlords are the face of a federal lawsuit challenging New York’s rent law, large ones are quietly bankrolling it. Small owners Dino, Dimos and Vasiliki Panagoulias as well as entities tied to Michael Vinocur and Jack Moy, filed a complaint this month challenging the constitutionality of the new rent law — the second suit of its kind. However, the plaintiffs’ law firm, Covington & Burling, acknowledged that “a coalition of owners” is backing



source https://therealdeal.com/2019/11/27/big-landlords-are-funding-small-ones-rent-law-challenge/

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