Cromwell Associates v. MAYOR AND COUNCIL OF CITY OF NEWARK

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “The facial validity of a rent-control ordinance depends upon whether the regulatory scheme, in its entirety, permits an efficient landlord to receive a just and reasonable return on its investment.”
• rent control ordinance permitted board-approved increases in cases where the proofs demonstrate that a particular hardship forecloses on a landlord’s ability to obtain a fair rate of return defined by the ordinance as an 11.5% return on investment

Source: CourtListener parenthetical corpus (CC0).