Sometimes, we have to wait. Many involved in New York multifamily real estate have been doing exactly that since this past February, when the Second Circuit of the United States Court of Appeals heard combined argument on appeals from dismissals of two challenges to New York’s rent stabilization laws in Community Housing Improvement Program v. City of N.Y., and 74 Pinehurst LLC v. State of N.Y.
For more: https://www.wbny.com/Could-New-Holdings-Destabilize-Rent-Stabilization-in-New-York