About This Course
The Fifth Amendment holds that no person shall be “deprived of … property, without due process of law; nor shall private property be taken for public use, without just compensation”. Given that, how can state governments require landlords to maintain rents below market levels? Since the 1920’s, this issue has been raised numerous times and also comes down in favor of the government’s authority to regulate rents.
This CLE course will analyze recent federal court challenges to the rent laws in New York, as well as the possibility of review by the US Supreme Court and the somewhat successful due process challenge before the New York Court of Appeals to recent statutory changes.