Category: Rent Stabilization

Rent control: disproof by contradiction

18 January, 2013 (11:02) | Apartments, Law, logic, New York City, ownership, Rent control, Rent Stabilization, Rental, Theory |

By:David A. Smith   Convicted of multiple crimes, a homeowner is about to be deported after several years in prison, but before he leaves, he wants his girlfriend to have his house, only his ex-wife and her children (two of them this) refuses to leave.  So he goes to court to evict her.   Pretty [...]

Theatre of the inequitably absurd

24 February, 2012 (09:43) | Apartments, Cherry Lane, Ecosystem, New York City, Rent control, Rent Stabilization, Rental, Subsidy |

By:David A. Smith   Lifelong New York resident seeks philanthropic theater-lovers to maintain him in residence, doing nothing for the theatre, for $52,800 annually.  Thanks will not be forthcoming.  Send checks to 38 Commerce Street, NYC, made payable to Arnold.   How’s that for a solicitation?  Does it stir your heart strings?   Worthy of [...]

Rent control’s Constitutionality: Part 2, cometh the man

26 January, 2012 (11:01) | Apartments, Economics, Housing, Law, Legislation and policy, New York City, Rent control, Rent Stabilization, Rental, Supreme Court |

Continued from yesterday’s Part 1.]   By:David A. Smith   In yesterday’s Part 1, we met the Don Quixote of rent control, lifelong New Yorker James Harmon, whose case challenging the statute lost on appeal to the U. S. Second Circuit Court of Appeals, but may be heard by the Supreme Court granting certiorari.  To [...]

Rent control’s Constitutionality: Part 1, cometh the hour?

25 January, 2012 (11:00) | Apartments, Economics, Housing, Law, Legislation and policy, New York City, Rent control, Rent Stabilization, Rental | 1 comment

By:David A. Smith   Is rent control’s penny dropping?      Even dropped from the Empire State Building, it can’t kill anyone   Though ’tis a consummation devoutly to be wished, I had given up believing that rent control would ever be ruled an economic taking without due process or just compensation (even though it [...]

The undeserving: Part 2, the lucky percher

9 March, 2011 (16:01) | Apartments, Markets, New York City, Policy, Regulation, Rent control, Rent Stabilization |

By: David A. Smith   [Continued from yesterday's Part 1.]   Yesterday, via a morality-free New York Times article, we met unapologetic rent-stabilization residents who had used the combination of their undeserved rent bargain and a judicial system stacked in their favor to negotiate massive payoffs – as much as $1,500,000 – simply for moving [...]