Furman Center Issues Fact Brief on Rent Stabilization Case
April 19, 2012: The Furman Center for Real Estate and Urban Policy has issued a fact brief about rent stabilization in New York City in advance of the U.S. Supreme Court’s announcement on whether it will hear the case of Harmon v. Kimmel, which challenges rent regulation laws in New York City. The brief details the number of rent stabilized units in New York City, in addition to demographic and socioeconomic data comparing tenants inhabiting these units with tenants in market rate units. If heard by the Supreme Court, the case could potentially affect nearly half of the rental units in New York City. Read the full fact brief here.