Source: New York Post
Mayor Zohran Mamdani’s rent-freeze is set to face serious legal challenges — with critics already slamming the newly-passed policy as a “political sham” that could cause huge rent hikes for market-rate tenants. Landlords have been gearing up for the legal battle for months in anticipation of Thursday’s Rent Guidelines Board vote, insiders told The Post, with lawsuits expected to be filed in the coming weeks. “Landlords might successfully argue that the freeze does not properly account for rising operating costs,” real estate lawyer Massimo D’Angelo said Friday.
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