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Last updatečet, 21 nov 2019 11pm

New York

Landmark Deal Reached on Rent Protections for Tenants in N.Y.

New York has seen record numbers in homelessness statewide and skyrocketing rents that have acutely burdened low-income and older residents. “The Senate and the Assembly are taking a massive step in the right direction,” said Cea Weaver, the campaign coordinator of Housing Justice for All, a statewide coalition of tenants. “We have a long way to go to reach a point where every tenant in New York is protected, but this is a big step forward to correct decades of injustice between tenants and landlords,” she added

Newly empowered Democratic leaders in Albany announced a landmark agreement on Tuesday to strengthen New York’s rent laws and tenant protections, seeking to address concern about housing costs that is helping drive the debate over inequality across the nation.

The changes would abolish rules that let building owners deregulate apartments, close a series of loopholes that permit them to raise rents and allow some tenant protections to expand statewide.

The deal was a significant blow to the real estate industry, which contended that the measures would lead to the deterioration of the condition of New York City’s housing. The industry had long been one of the most powerful lobbies in Albany, but it suffered a loss of influence after its Republican allies surrendered control of the State Senate in the November elections.

“These reforms give New Yorkers the strongest tenant protections in history,” the Senate majority leader, Andrea Stewart-Cousins, and the Assembly speaker, Carl E. Heastie, said in a joint statement. “For too long, power has been tilted in favor of landlords and these measures finally restore equity and extend protections to tenants across the state.”

Read the full text HERE.

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