NYS Senator Eric Adams states: “New York State government has had power over New York City rent laws since 1971. This had resulted in a dramatic weakening of rent regulations. In 1997, for example, Republican Governor George Pataki and a Republican-controlled State Senate capitulated to heavy landlord lobbying and campaign contributions and enacted vacancy decontrol, a method used to deregulate rent stabilized apartments. Tens of thousands of affordable rent regulated apartments have become expensive market rentals. It is time legislate a restoration of balance to the rental housing market and to return home rule to the City of New York.”
Excerpt from Press Release
Nine State Senators stood today with rent regulated and Mitchell-Lama tenant allies to launch a full court press to pass stronger rent laws before the current legislative session ends in June.
State Senators Darrel Aubertine; Eric Adams; Joseph Addabbo; Ruben Diaz Sr.; Tom Duane; Liz Krueger; Hiram Monserate; Velmenatte Montgomery; Andrea Stewart-Cousins joined with tenant advocates from throughout the five boroughs to urge the Senate to take up and pass a package of pro-tenant bulls to fix New York’s rent laws and make them stronger during this legislative session.