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Monthly Archives: June 2015
Really Ugly
The Legislature tonight approved a four year extension of rent regulations that will raise the high rent/high income deregulation threshold from $2500 to $2700 immediately, and increase it again annually, beginning next January, by the one year renewal lease guideline … Continue reading
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Waiting is Hard Work
State legislators, exhausted by four days of waiting for three men in a room to make a deal on extending rent regulations extended the law until Tuesday night, so they could go home for the weekend. The only agreement seemed … Continue reading
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Down to the Wire in Albany
Still no clarity on 421a or rent regulations expiring Monday. The Governor has suggested a short term extension of 421a to work out a long term compromise, and wants to link extension of rent regulations desired by Assembly Democrats with … Continue reading
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Sound and Fury in Albany
Headlines featured rent regulation and 421a plans all week as the June 15th expiration of current laws approached, but the news was more about political maneuvering than substance. The funniest non-event was Gov. Cuomo’s hastily called and more quickly abandoned … Continue reading
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