UWS landlord takes rent stabilization to Supreme Court

An Upper West Side landlord who owns a five-story brownstone on West 76th Street with six rental apartments has petitioned the U.S. Supreme Court to free him of rent stabilization laws, arguing that it’s unfair for him to have to subsidize tenants wealthy enough to pay market rates, the Daily News reported.
Three of James Harmon’s six units are occupied by tenants who pay 59 percent below market value, the News said. All three of them have lived in the building for more than 30 years.
“My family has carried the burden of this for 40 years and enough is enough,” Harmon said.
The U.S. Supreme Court has compelled the city to answer the petition by Jan. 4, 2012. [NYDN]

Sign Up for the undefined Newsletter