Supreme Court Won't Hear Appeal over NYC Rent Control

After months of build-up and the solicitation of responses from the city and state, the Supreme Court has decided not to hear an appeal about the legality of rent stabilization.

The case was that of James Harmon, an Upper West Side owner who argued that the city's rent laws were the equivalent of illegally taking his property and not compensating him fairly for it. Harmon had lost earlier court attempts to get rent stabilization laws thrown out.