High Court Skips Challenge To NYC Rent Stabilization Law

Law360, New York (April 23, 2012, 1:36 PM EDT) -- The U.S. Supreme Court denied a landlord's challenge to New York City's rent stabilization law Monday, refusing to hear a city lawyer's contention that he can't afford to house "strangers" who purportedly aren't paying full market value in an Upper West Side brownstone.

The high court petition, brought by attorney James D. Harmon Jr. and his wife Jeanne, was filed in November after the Second Circuit rejected the argument that rent-stabilized tenants are violating their Fifth Amendment right against having their property "taken for public use,...
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