Legal Opinion
Federal Home Loan Mortgage Corp. v. New York State Division of Housing & Community Renewal
New York Court of Appeals
Decided December 28, 1995PublishedCited by 24 opinions
1Opinion of the Court
OPINION OF THE COURT
Titone, J.
On a question certified to this Court from the Second *330Circuit Court of Appeals, we are asked to determine whether a multiple dwelling exempt from the Rent Stabilization Law by virtue of its cooperative ownership reverts to its former rent-regulated status upon foreclosure. Relying on the plain language of the Rent Stabilization Law, we answer that question in the affirmative, and reject plaintiffs claims that reversion to regulated rent constitutes an unconstitutional physical or regulatory taking or a due process deprivation.
I
Plaintiff, the Federal Home Loan…
2Cases cited11 opinions
- Yee v. City of EscondidoSupreme Court of the United States · 1992
- Braschi v. Stahl Associates Co.New York Court of Appeals · 1989
- Seawall Associates v. City of New YorkNew York Court of Appeals · 1989
- Rent Stabilization Ass'n of New York City, Inc. v. HigginsNew York Court of Appeals · 1993
- Ansonia Residents Ass'n v. New York State Division of Housing & Community RenewalNew York Court of Appeals · 1989
6 more not listed; retrieve them via the Exa API.
3Cited by24 opinions
- KSLM-Columbus Apartments, Inc. v. New York State Division of HousingNew York Court of Appeals · 2005
- Federal Home Loan Mortgage Corporation v. New York State Division of Housing and Community RenewalCourt of Appeals for the Second Circuit · 1996
- KSLM-Columbus Apartments, Inc. v. New York State Division of Housing & Community RenewalAppellate Division of the Supreme Court of the State of New York · 2004
- McCarthy v. New York State Division of Housing & Community RenewalAppellate Division of the Supreme Court of the State of New York · 2002
- National Western Life Insurance v. Merrill Lynch, Pierce, Fenner & Smith, Inc.Court of Appeals for the Second Circuit · 2004
19 more not listed; retrieve them via the Exa API.