NYC landlords likely to lose challenge of rent freeze, legal experts say – but a win could throw rent-stabilized leases into chaos

Landlords who have sued to reverse the Rent Guidelines Board’s June decision to freeze the rent on nearly 1 million stabilized apartments will probably lose their case against the city seeking to do so, legal experts say, regardless of whether or not they personally agree with or think the landlords’ case is strong. Should that happen, the rent freeze set to start on Oct. 1 is here to stay. But should those landlords win their case and the rent freeze is overturned, those same legal experts say they have no idea what will happen to the leases people have signed...