Industry Wide Impact in Upcoming Ruling from Court of Appeals

The highest Court in the state, the Court of Appeals, is set to rule on whether recent changes to the Rent Law will be applied to pending rent overcharge cases, which have piled up since June 2019. An unfavorable ruling would be “calamitous”, KMWB’s Nativ Winiarsky told the Real Deal (see article here), but we hope that KMWB was able to effectively persuade the Court that the new Rent Law should not apply to cases already decided. Please watch Nativ’s argument here.