Monday, April 23, 2012

High Court Turns Aside Rent Case

http://online.wsj.com/article/SB10001424052702303459004577361763513379498.html?grcc=c42da25eb4ad15b982ccda0f371f6174Z9ZhpgeZ0Z33Z200Z27Z9&mod=WSJ_hpp_sections_newyork

The U.S. Supreme Court on Monday turned away a constitutional challenge to New York City's decades-old rent regulations, refusing to take up the case of an Upper West Side landlord and his wife who argued that the government had violated their rights by forcing them to subsidize their tenants.

The high court refused without comment to hear the appeal of James and Jeanne Harmon, the owners of an Upper West Side brownstone. The couple sought to strike down the rules shielding three of their tenants—and about two million other New Yorkers—from market prices.

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