Tenants and advocates fear a court decision could dismantle decades-old rent protections, leaving hundreds of thousands of families without secure homes.
Landlords and their trade groups are not happy with the changes and sued to overturn the new rules, and the broader rent stabilization system. Five cases related to the reforms have gone through the federal courts, including the two rejected on Monday. The other three are still awaiting federal appeals court decisions.
“It would devastate New York City,” said Ellen Davidson, a housing attorney in the Legal Aid Society’s Civil Practice Law Reform Unit, which advocates and helps craft tenant protection policies. “Rent stabilization is the biggest source of affordable housing for low- and moderate-income tenants. It has allowed them to raise families and thrive in this city, and if rent regulation went away they would not be able to live in this city.
“If you’re paying $800, $900, $1,200 for rent and you have to go into a market where the median rent is double or triple what you’re paying, you’re gonna be homeless,” he said. “It has been life-saving to not have to move every year,” she said. “I know I’m not going to get kicked out, I know my rent isn’t going to increase [significantly] and I know I’m going to get to stay here as long as I need.”
“It’s not to say the bad actors become good actors because they have more money, it’s just easier to exploit people who have no other recourse,” Tate said. Wednesday highlighting six-figure renovation costs at some rent-stabilized apartments where rents are capped around $1,000 a month.
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