The bill Senate Republicans passed last night would extend rent laws for 8 years. It’s a give back to real estate developers and it would require that tenants in rent regulated apartments verify that they meet income requirements.
That bill was designed by upstate Republicans. Senator Liz Krueger before she voted no on the bill said. "When we talk about what NYC needs, I would argue, we ought to listen to NYC.
Assembly Democrats want stronger tenant protections. Governor Cuomo, the NYC Council and many tenant advocates have endorsed the Assembly's bill.
Lawmakers hope to agree on a deal before adjourning their 2015 session later this week.