New York Governor Issues Statement on Rent Regulations
"Affordable housing is an all too scarce commodity, especially in New York City and the surrounding areas. Our state's rent protection laws are essential and any long term expiration would create a crisis. Last night the State Senate -- both Democrats and Republicans -- failed to continue the laws beyond their expiration.
"We are making progress but the Senate's failure to act last night was unacceptable and a betrayal of the one million tenants living in rent protected apartments. I will not allow the legislature to go out of session and go home until tenants are protected. I am prepared to call special session to keep the legislature in place until there are rent protection laws in place."
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