E-Renter Tenant Screening News

Will the Supreme Court Hear NYC Landlord’s Rent Control Case?

Back in December, we reported on a Manhattan landlord who has had enough of New York City’s rent stabilization laws, which prevented him from raising the rent on a property his family has owned for 40 years – with three tenants who have lived there for 30 years each.

The laws keep half the rents in the city artificially low. Many say they have also kept the supply and quality of rental housing low. James Harmon petitioned the U.S. Supreme Court to hear his case that the practice should be prohibited under the Constitution. Two lower courts refused.

Harmon’s case is based on a clause in the 5th Amendment to the U.S. Constitution, which prohibits the government from taking private property for public use without just compensation.

The Supreme Court has expressed an interest in the case, by asking New York State and the city of New York to respond to his argument. However, the Court has not yet announced whether it will hear the case.

Protect your rental property and assets through tenant background checks. Proper tenant screening will ensure you are leasing to the best possible tenants.

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