Tag Archives: vacancy decontrol

Remapping Debate: “Gov. Cuomo’s faux victory on behalf of NYC Renters”

Remapping Debate provides a good breakdown of how yesterday’s decision on rent regulation and reform is in fact a continuation of long standing policy that hurts low-income renters.

June 22, 2011 — New York Governor Andrew Cuomo may describe a tentative deal on extending rent regulation for millions of New York City tenants as one representing “significant progress,” but the reality is that he has left the trigger points at which apartments are deregulated worse for tenants than they were 14 years ago, when then-Governor George Pataki first orchestrated legislative changes designed to destroy rent regulation. The fundamental levers of deregulation that Pataki put in place are untouched by Cuomo’s paltry efforts.

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Wall Street Journal: “Legislature Lets Rent Laws Expire, for Now “

With an agreement on rent regulations elusive in Albany, New York’s rent laws expired late Wednesday night, after a short-term extension of the laws failed in the Republican-controlled state Senate.

In recent days, lawmakers had been making limited progress in negotiations on a multiyear extension of the laws, with Assembly Democrats pushing to expand existing regulations while Senate Republicans had resisted any changes from the laws. The rent laws limit rent increases and other regulations on about one million apartments in New York City.

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