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New York pushes for more rent control

February 2, 2009 8:33:44 PM PST
The New York state Democratic Assembly majority is rolling out a package of bills to try to bolster rent-control laws. Assembly Speaker Sheldon Silver has long pushed the issue, but now Democrats control the Senate for the first time in 43 years.

That, combined with a Democratic governor, could get Silver the support that has eluded him.

Silver has been working on this since 1997, when he was forced to make concessions in rent-control laws he described as landlord friendly. That year he delayed the state budget for months because he was holding out to fight changes supported by Republican leaders at the time.

He had some success but says the changes still caused New York City to lose roughly 300,000 units that were previously rent-controlled.


NEW YORK AND TRI-STATE AREA NEWS

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