BBG News

NY Judge Sets Guidance For Pause On Novel Rent Cut

Dec 5, 2022

Matthew Brett, Partner, was recently quoted by Law360 in the article “NY Judge Sets Guidance For Pause On Novel Rent Cut” He is quoted stating:

 

-“Landlords would face chaos without some interim guidance from the court, after Judge Gandin paused the implementation of the Nov. 9 votes.”

– “Landlords would be in a “statutory no man’s land” if obligated to renew leases in the absence of rent-setting guidance”

-“If the owners fail, we will have waited two months more than the 50 years the [Emergency Tenant Protection Act] didn’t exist”

 

Read the full article here: https://bit.ly/3OvUnHG

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