Rent law challenge dismissed; battle could head to higher court

A judge ruled that the government has the power to make laws that hurt real estate values, in a decision that dismissed challenges to last year’s rent reforms and paves the way for the fight to head to a higher court. In a decision filed Wednesday in New York’s Eastern District Court, Judge Eric Komitee wrote that legal precedence supports the government’s right to pass rent regulations — even if those regulations lead to a

source https://therealdeal.com/2020/09/30/rent-law-challenge-dismissed-battle-could-head-to-higher-court/