Despite the qualifier, it represented a change of position for Espada who, in a September session with reporters in his office, said he didn't
support repealing the vacancy decontrol and instead wants to focus on creating more incentives for developers to construct affordable housing.
According to reports, however, the deal does
n't repeal vacancy decontrol, the biggest threat by far to the entire rent - controlled and stabilized system.
As expected, Cuomo came out
against repealing vacancy decontrol — the process through which units fall out of regulation, to the dismay of tenant advocates — but declared himself open to tweaks.
A group of City Council members, led by Christine Quinn, announced the introduction of legislation yesterday to make the state
legislature repeal vacancy decontrol, and kill the law allowing Albany to set rent regulations for the city.
In 2011, the chamber approved changes that exceeded what the Senate would agree to,
including repealing vacancy decontrol, which allows landlords to take a unit out of rent stabilization if the legal rent exceeds a certain amount.
Silver voiced strong support Sunday for an Assembly bill that would begin to reverse the loss of affordable housing
by repealing vacancy decontrol, reducing the amount of extra rent a landlord can charge after making improvements and giving the city more control over rent laws.
Tenant advocates and community organizers today launched a grassroots campaign in the districts of four state senators they believe are «betraying their tenant constituents» and «collaborating with the real estate lobby» to prevent the passage of a bill to
repeal vacancy decontrol.
The conclave did pass a resolution urging Democratic legislators to
repeal vacancy decontrol, a process by which rent - regulated apartments join the open market if they exceed a certain rent levels.
The bill would
repeal vacancy decontrol, which allows landlords to deregulate apartments when they become vacant or when the rent tips above $ 2,000 monthly.
To do that, the Assembly has put forth a bill that would
repeal vacancy decontrol and increase high income and high rent deregulation thresholds to $ 300,000 and $ 3,000, respectively, among other expansions of the current laws.
Affordable housing advocates are having a hard time wooing State Senator Pedro Espada, the Senate's housing committee chairman, as they push for a vote to
repeal vacancy decontrol.
Democrats who dominate the State Assembly passed a bill that would
that repeal vacancy decontrol, but their extension would last three years.
Advocates disputed media reports that efforts to reform 421 - a and
repeal vacancy decontrol — two priorities of Mayor de Blasio — were dead, as a report found a huge loss of affordable apartments from 2002 to 2014.