In the opening days of its new term, the US Supreme Court has declined to hear an appeal from landlord groups to New York's rent stabilization law.

In May, landlord groups that had filed two lawsuits against New York's 2019 state rent-stabilization law filed a petition asking the nation's highest court to consider the case after several lower courts ruled against them.

The petition was filed on behalf of the Rent Stabilization Association (RSA), the Community Housing Improvement Program (CHIP) and several individual landlords who argued in their lawsuits that the 2019 law, which regulates rents for about 1 million apartments in NYC, violates the US Constitution.

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