Posted Apr 23, 2012 9:12 AM CDT
By Debra Cassens Weiss
The U.S. Supreme Court has refused to hear a challenge to New York’s rent control regulations.
A plaintiff in the Fifth Amendment case was James Harmon, a former prosecutor who runs a corporate investigations firm. The high court denied cert today, SCOTUSblog reports.
Harmon inherited his New York brownstone in the 1990s. One of his tenants who pays $1,000 in monthly rent also owns a home near the shore in Southampton.
Source: ABA Journal.