BBG News

Matthew S. Brett Quoted by Law360 on Critical NY Rent Stabilization Case

Dec 2, 2024

BBG Partner, Matthew S. Brett, was quoted in a recent Law360 article discussing a pivotal case before the New York State Court of Appeals. The case, Hudson Valley Property Owners Association Inc. et al. v. City of Kingston et al., challenges Kingston’s rent stabilization resolution, including a 15% rent rollback and a retroactive rent threshold, as violations of the Emergency Tenant Protection Act.

The article highlights our firm’s team of attorneys— Sherwin Belkin, Matthew S. Brett, Magda L. Cruz, and Aris E. L. Dutka—who represent the property owners in this landmark case. Together, they argue that Kingston’s actions were based on flawed data and contravened both legal precedent and sound methodology.

As Mr. Brett articulated to Law360:
“Kingston owners believe that the city of Kingston violated the law when it conducted a verifiably inaccurate vacancy study and enacted unprecedented and unfounded rent reductions. We hope that our appeal to the state’s highest court will result in protection of property rights against confiscatory government action.”

This case underscores the importance of protecting property owners’ rights and ensuring that government actions are held to rigorous legal standards. We are honored to stand with our clients at the forefront of this significant legal battle.

🔗 Read more: https://www.law360.com/real-estate-authority/articles/2266540

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