Sherwin Belkin was quoted by The Real Deal in the article titled, “Landlords Challenging Rent Law Take Another Crack at Supreme Court.”
In a recent attempt to contest New York’s 2019 Housing Stability and Tenant Protection Act, landlords have once again approached the Supreme Court, despite previous rejections of similar cases. In the article, BBG attorney Sherwin Belkin indicated that he is hopeful that the Supreme Court will hear the case, emphasizing the tangible impact of the rent law on property owners.
Specifically, Mr. Belkin highlighted the case of Ordway and Guerrieri, who suffered direct losses due to the law’s restrictions on reclaiming rent-stabilized apartments for personal use. On June 13, 2019, they had specific rights to their property, which were abruptly altered the next day with the enactment of the new law, leaving them unable to reclaim an apartment for personal occupancy. Mr. Belkin argued that this scenario exemplifies the clear, non-hypothetical damages inflicted by the law on individual landlords.
Mr. Belkin is hopeful that the high court will hear the case. If you have any questions regarding this topic, please do not hesitate to contact us.