Supreme Court Declines to Hear New York Rent Stabilization Case

The court's decision leaves in place lower court rulings upholding the constitutionality of New York City's rent control laws.

The U.S. Supreme Court has opted not to review challenges by landlord groups against New York City's rent stabilization laws.
These laws, which cap rent increases and limit evictions, were found not to violate the Fifth Amendment's 'takings clause' by lower courts.
Justice Neil Gorsuch dissented from the decision not to hear the case, indicating potential interest in revisiting the issue.
Proponents argue that rent stabilization protects against displacement and homelessness, while opponents claim it restricts property rights.
The decision maintains a legal framework affecting nearly one million apartments, crucial for affordable housing in New York City.