Welcome to "part 2" of this two-part series about the owner’s response to the rent regulation laws that were passed in June 2019 in New York. This law radically transformed how owners of multifamily properties with rent stabilized tenants conduct their business and in response, several owner groups have filed lawsuits. If you haven’t listened to the first episode, I strongly suggest that you start there in order to get the most out of second part.
Today, we are speaking with Kevin King, a Partner at Covington Law Firm in Washington DC. Kevin is part of the team leading another lawsuit on behalf of multifamily owners: an alliance called ARENY, which stands for "Alliance for Rental Excellence in New York.” Kevin has had significant experience arguing cases such as this at the federal level, and in fact was a law clerk for Supreme Court Justice Scalia earlier in his career.
This is a fascinating episode, as we explore an alternative take on the owner‘s response, strategy, timing and what this means for multifamily owners in New York and elsewhere in the country. Our conversation will give owners everywhere a Birdseye view into the response as participants in the multifamily industry begin to assert their rights.
For people watching, investing, and participating in the New York City marketplace this is a must listen to episode---The Second of a two-part series.
I hope you enjoy it and now let’s go behind the bricks with Kevin King.
For more information visit www.behindthebricks.com