The Rent is Too … Well, You Know
The Harmons argued that the rent rules amounted to a government seizure of private property without just compensation, violating the Fifth Amendment. One of their longtime tenants, an executive recruiter, pays about $1,000 a month for a one-bedroom unit, while owning a weekend home in the Hamptons. The couple also contended that the long sustained “public emergency” underpinning the rent controls violated due process.
The Supreme Court decided not to hear a case challenging New York’s rent control laws, so we’ll just have to continue our arguments about the outrageous amounts of money we pay for rent with our friends over expensive brunches and $14 cocktails.