Hudson Valley Property Owners Challenge Poughkeepsie’s Rent Control Law in Supreme Court, Cite Faulty Vacancy Data
Poughkeepsie, NY – The Hudson Valley Property Owners Association has escalated a dispute with the city of Poughkeepsie to the U.S. Supreme Court, challenging the legality of newly adopted rent control measures under the Emergency Tenant Protection Act. The association contends that the enactment of this law, which activates rent control in cities with vacancy rates under 5%, was based on an erroneous assessment of local housing data. In June, Poughkeepsie determined that its vacancy rate fell within the prescribed threshold to trigger the rent control stipulations, a move meant to stabilize soaring rental costs … Read more