Hochul’s plan to overhaul NYC housing dead in budget talks along with ‘Good Cause’ eviction proposalBy Nolan Hicks and Zach Williams
April 20, 2023
Gov. Kathy Hochul and state legislative leaders have abandoned efforts to strike a deal to overhaul how New York builds and regulates housing, amid soaring rents and a worsening shortage that has turned searching for an apartment into a blood sport.
The talks died amid immovable opposition from suburban lawmakers to proposals that would require development-adverse communities to build new homes and apartments, while landlords pushed back hard against measures that would expand tenant protections and cap rent increases.
“We have to look at how they did in California, it was very ugly, it took several years,” said one Albany insider.
“We’re in year one. This is the first year in earnest.”
“It’s the end of the beginning,” they added.
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Source:
https://nypost.com/2023/04/20/hochuls-plan-to-overhaul-nyc-housing-dead-in-budget-talks-along-with-eviction-proposal/
