Sherwin Belkin, a Co-Founding Partner of BBG, was quoted in a Law360 article titled “High Court To Skirt Rent Stabilization Probe, For Now.”
The article discusses the U.S. Supreme Court’s decision on February 20, 2024 to reject the petitions for certiorari challenging New York City’s 2019 Housing Stability and Tenant Protection Act (HSTPA) rent stabilization law. Despite the rejection, Justice Thomas expressed in a separate opinion the potential for the Supreme Court to revisit rent regulation issues in the future, contingent upon the presentation of more specific constitutional grievances. This highlights the ongoing debate surrounding the balance between landlord rights and tenant protections under the constitution.
Mr. Belkin expressed his disappointment that the high court declined to hear either of the challenges at this time. However, he noted the significance of Justice Thomas’s remarks, which suggest that the matter of rent stabilization could be subject to future legal scrutiny, provided the arguments are framed with greater specificity regarding alleged constitutional infringements.