Statement by Brad Hoylman, Lead Amicus Appellant, on Today's Decision in Mary Veronica Santiago-Monteverde V. John S. Pereira

“Today, rent-stabilized tenants across New York City can breathe a sigh of relief. The New York State Court of Appeals decided that their leases are exempt from bankruptcy proceedings, which means these tenants can’t be required to sell their leases and forced from their homes as a result of bankruptcy. I’m very pleased the Court of Appeals decision maintains the integrity of long-standing tenant protections and am proud to have taken the lead on an amicus brief on behalf of my constituent Mary Veronica Santiago-Monteverde. Ms. Santiago-Monteverde’s perseverance and courage in the face of this legal struggle has redounded to the benefit of millions of tenants across the city. I’m extremely grateful to Latham & Watkins for their pro bono support of this important case.”

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