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New York Enacts S7882 Prohibiting Algorithmic Coordination in Residential Rent-Setting

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On October 16, 2025, New York Governor Kathy Hochul signed Senate Bill S7882 into law, adding Section 340‑b to the New York General Business Law. The new provision prohibits residential rental property owners or managers from using algorithmic pricing to determine the rent charged to residential tenants. Several cities — including Jersey City, Philadelphia, San Francisco, and Seattle — have already adopted similar bans….
By: Vinson & Elkins LLP

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