There’s less than a week left before the state’s rent regulation laws expire, and according the Post, Albany lawmakers are still so far from reaching an agreement that they’ve begun considering a short-term extension that would buy them some time to continue negotiating. The current laws, which expire June 15, govern the prices on approximately 1.1 million rental apartments in the city. Gov. Cuomo and Assembly Speaker Sheldon Silver have been pushing to expand tenant protections, while Senate Majority Leader Dean Skelos is advocating for a more landlord-friendly plan that sticks to the status quo. A source from Cuomo’s camp expects a temporary extension to be as short-term as a week, with legislators scheduled to break for summer June 20. “It’ll be the last thing that gets done because, once it gets done, the Republicans lose all their leverage,” the source said. [Post]
Albany mulling temporary extension on rent regs as long-term deal proves elusive
June 10, 2011 10:20AM
