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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