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