Sentences with phrase «of rent regulation»

The final results may well be a tradeoff between the separate - but - related issues of rent regulation and real estate tax abatements, as the two are perpetually held up

That is because the law largely took control of rent regulation out of the hands of the city government and gave it to the state legislature.

Real estate attorney Adam Leitman Bailey, who believes the current system of rent regulation is broken, said, «The question with Heastie is, does he have the ability to galvanize the electorate?

More than 500 NYC residents gathered together on Tuesday, December 9th at the New York Society for Ethical Culture to demand an end to vacancy decontrol, a practice by which landlords can take a vacant apartment out of rent regulation when the rent reaches $ 2,000.

Cuomo on Tuesday announced the framework of a deal with the legislature had been reached on several key issues for de Blasio, including an extension of the rent regulation laws, a revamping of the 421 - a tax break and an extension of mayoral control of schools.

Others suggested that the arrangement undermines the purpose of rent regulation.

Then he helped engineer the skimpiest rent increases in the history of rent regulation.

The mayor promised before his election that he would join tenant leaders in trying to wrest control of rent regulation from the state so that the city would be able to make rent laws stricter.

This morning, State Assembly Speaker Sheldon Silver rallied at City Hall with fellow lawmakers and housing activists to push for the extension and expansion of rent regulation laws.

New Senate GOP leader John Flanagan has hardly touched on the issue of rent regulation.

The security of rent regulation provides that.

«The concept of rent regulation is the very same, that is to give people certainty when they are renters, to give them the ability to only pay reasonable increases as they go forward,» he said.

Units that went out of rent regulation because the rent laws were not strong enough,» said de Blasio.

Supporters of rent regulation marched with local politicians for renewing and strengthening rent control laws.

If the lag isn't there, the cap could be more easily killed in the cloud of smoke that inevitably covers the next round of rent regulation negotiations.

«The current law creates an unintended incentive to find every way to jack up the rent — jack up the rent to get it out of rent regulation; create vacancies to get it out of rent regulation; make quote - unquote «capital improvements» so that the rent can be jacked up more to get it out of rent regulation,» he said.

Since day one, my Administration has made enforcement of rent regulation laws and protecting tenants a priority.

She painted Mr. Silver as a politician who went back on his promises to protect tenants by holding private meetings with Glenwood lobbyists and signing off on a version of a rent regulation bill that the company favored.

«As tenants in these areas find their rents fast outstripping their incomes, the affordability protections of rent regulation become even more important,» read the report.

Democrats, including Mayor Bill de Blasio, have spoken in favor of repealing the law and giving control of rent regulation back to the city.

But most industry players — especially those whose business is multifamily properties — would like to see that the state senate, rather than the overwhelmingly liberal and pro-tenant city council, keeps control of rent regulation, said Massey Knakal Realty Services» chairman Robert Knakal.

I asked the mayor whether his communications with Governor Cuomo, Assembly Speaker Carl Heastie or Senate Temporary President John Flanagan have revealed whether the outcome of rent regulation renewal depends on the outcome of other issues.

Underlying the question of deadline lies a debate over what type of rent regulation New York should have.

«This deal continues the loss of rent regulation in New York City; in fact, it's designed to do that,» said Senator Dan Squadron.

Assemblyman Bill Nojay (R - Livingston County) said one way for Flanagan — who voted for the gun control measure — to prove he is serious is to refuse to pass any extension of the rent regulation laws without agreement on «meaningful» SAFE Act changes.

Even though I know the discussion of the future of rent regulation will occur post-budget, I must emphasize now the importance of renewing and strengthening rental protections that expire this year,» Mr. de Blasio said.

The Democratic - led Assembly is expected to vote on and pass a host of rent regulation expansions, measures the GOP - controlled Senate likely won't support.

Take the recent battle in Albany over the expiration of rent regulation and 421a, which gives tax breaks in exchange for allocating some units as affordable housing.

According to Ross, there are some 200 people in Albany from Housing Here and Now, a pro-tenants group that is pushing for reform of rent regulations and believes Espada, who chairs the Housing Committee, has been blocking key legislation and is too pro-landlord.

Andrew Cuomo's office called it «The Greatest Strengthening of Rent Regulations in Decades.»

The hyperbolic dueling press releases obscured the fact the changes wrought by this most recent extension of rent regulations are actually minor ones.

The day of the rally, the City Council voted to declare that a housing emergency is still in effect in New York, a move that sets the stage for renewal of rent regulations.

On June 24th, Governor Andrew M. Cuomo, Senate Majority Leader Dean Skelos and Assembly Speaker Sheldon Silver announced passage of the greatest expansion of rent regulations in 40 years.

«There's no linkage per se,» Silver said at a news conference unveiling an expansion of rent regulations.

The Assembly passed its own, tenant - friendly renewal of rent regulations last month.

Earlier in the day, the Assembly passed a two - day extension of rent regulations, in the hopes that the Legislature and Governor Andrew Cuomo could come to an agreement before session is scheduled to conclude Wednesday.

The measure, colloquially known as «the big ugly», contains a four year extension of the rent regulations, and a corresponding continuation of a property tax cap, as well as new rebate checks sent to homeowners just before Election Day 2016.

The Republican Senate leader not only opposed cost - of - living increases to the rent and income thresholds at which units lose price controls — which Gov. Cuomo wanted — but he also ruled out calls to include a renewal of rent regulations in the looming budget deal.

Lawmakers also have to consider the renewal of rent regulations and a major tax break for real estate developers.

According to data compiled by Comptroller Tom DiNapoli, 59 government entities have declared they plan to break the cap, a keystone of Gov. Andrew Cuomo's fiscal agenda that was enacted, along with an extension of rent regulations in New York City, last June.

The deal includes a framework for a four - year extension of rent regulations.

Cuomo did not rule out a straight extension of rent regulations or 421 - a, but called a one - year continuation as «the least acceptable option.»

The Democratic - led Assembly approved an expansion of rent regulations on Monday, but the Republican - led Senate is likely hesitant to approve a broadening of the regulations.

• In France a new set of rent regulations came into force in Paris, in August 2015.

The governor's absence has fueled suspicion among Democrats that Cuomo, the de facto head of their party, is siding more closely with Republicans in the State Senate as lawmakers negotiate the renewal of rent regulations in New York City.

He has stymied de Blasio at many turns, holding back funding for affordable housing, homelessness prevention, the MTA, and more, while holding hostage issues of rent regulations, the 421 - a tax abatement, and extension of mayoral control of schools.

The renewal and strengthening of rent regulations must be done with the budget.

We simply can not afford to let this issue go down to the wire and must address the extension and strengthening of rent regulations now.»

Cuomo also has some policy chits to play with Silver, knowing that the lower - Manhattan Democrat is a fierce defender of rent regulations, which are set to expire in June.

A number of important public policy matters have yet to be addressed, including the future of rent regulations and a tax exemption program for new residential developments.