The U.S. District Court for the Southern District of New York granted the National Association of REALTORS®’ (NAR) request to file an amicus briefpdf in support of housing providers challenging New York’s Rent Stabilization Law (RSL). In its order, the court explained that, because no party objected and “amici’s perspectives may be useful to the Court’s consideration of this case,” the request to file the brief was granted. The court also permitted defendants to file responses to amicus briefs by June 29, 2026.
As previously reported, NAR, joined by the New York State Association of REALTORS® (NYSAR) and a coalition of industry partners, supports housing providers who allege that the RSL’s restrictions on vacancy rent increases constitute an unconstitutional taking under the Fifth Amendment. Housing providers and amici argue that these restrictions make housing economically unviable, discouraging reinvestment, reducing available units, and exacerbating supply and affordability challenges. The brief also underscores the constitutional concerns raised when regulations deprive owners of the economically beneficial use of their property.
The case remains pending, and NAR will continue to monitor developments and provide updates accordingly.