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Landlords Challenge Rent Freeze in Court | Real Estate News
Landlords are suing to overturn New York’s rent freeze, challenging the Rent Guidelines Board’s decision in Staten Island courts under Judge Ralph Porzio—a jurist with a history of conservative rulings. Led by attorney Randy Mastro, a former Giuliani aide and vocal critic of city policies, the plaintiffs are a coalition of LLCs owning rent-stabilized buildings, backed by the Small Property Owners of New York. While the New York Apartment Association supports the lawsuit’s principles, its leader Jay Martin is pushing for systemic reform through a formula-based rent-setting model. The case…
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