Today marks a day of rejoicing for residents living in one of the city’s many rent-regulated apartments. Break out the Andre!
The Supreme Court has declined to hear a challenge to rent control brought by former federal prosecutor James D. Harmon Jr., the owner of a five-story townhouse on West 76th Street. Mr. Harmon, who grew up in the brownstone and now lives there with his wife Jeanne, inherited the building and its three rent-controlled tenants from his grandfather. The building also has three market-rate tenants.
In a city of renters, where the approximately 47% percent of the city’s 2.2 million rental units are subject to rent control or rent stabilization laws, the Harmon case touched New Yorkers’ notoriously hard-to-reach hearts. The case’s potential to radically upset New York City housing policy, as well as rent regulation laws across the country, left those on both sides of issue anxiously awaiting the court’s decision. Read More