Court Defers Decision on Whether to Take Rent Regs Case

It's not clear whether the U.S. Supreme Court will hear a case that could decide the future of rent regulations in New York.

The high court was scheduled to consider whether to hear Harmon v. Kimmel last Friday. That's the suit brought by an Upper West Side landlord, James Harmon, who was frustrated by his inability to charge some of his tenants market rents.

But Harmon v. Kimmel was not on Monday's orders list, meaning the Justices did not vote on reviewing the case. The high court could decide anytime between now an June whether to take the case, or they may take no action at all, letting the law stand.

More than 1 million city residents pay artificially low rents as a result of the 1940s era law that created rent control and rent stabilization.

There have been many challenges to the law, but Harmon v. Kimmel is the first one that could by heard by the nation's highest court.

Until this point, courts have upheld the rent laws. In September, the Second Circuit Court of Appeals ruled against Harmon.

New York State and New York City are defending the law.