New York City loses tens of thousands of affordable apartments each year to deregulation. Under the "framework" of an agreement to extend rent laws announced today by Governor Cuomo and the two leaders of the state legislature, the city will keep on losing them.
At a press conference this afternoon, the "Three Men In A Room," told reporters that the city's recently expired rent laws would be renewed for four more years.
Earlier this month, the Assembly passed a bill that would repeal the state's vacancy decontrol law, which allows landlords to jack up the rent on regulated apartments as soon as a tenant leaves and perpetuates a system of inequality.
That change was eliminated.
Instead, the leaders promised to do what they did in 2011: modestly increase the rent at which a rent-regulated apartment could be deregulated, from $2,500 to $2,700.
Reaction from Alliance for Tenant Power's Katie Goldstein:
Our worst fears about Governor Cuomo have been confirmed. He took no action at all to strengthen the rent laws. Cuomo made empty promises and lied repeatedly while helping the Senate Republicans advance a bill that is a massive giveaway to landlords. Cuomo’s Republican deal on rent will harm and endanger countless low-income and working-class households. Up to 100,000 rent-regulated apartments will be lost over the next four years because of Cuomo’s Republican deal. This four-year extender does nothing to empower tenants. In fact, it leaves the most vulnerable even more susceptible to landlord harassment and skyrocketing rents. Cuomo should change his party registration to Republican because he is not worthy of the Democratic Party and its most basic values. Cuomo will suffer big political consequences for his betrayal of tenants and Democrats and for solidifying his status as a Republican Governor.
We were right to challenge Cuomo at every turn and not trust him throughout our campaign for stronger rent laws. Cuomo never had any intention of introducing his own pro-tenant bill. We will now lose many more rent-regulated units because of Cuomo’s failure to deliver for tenants and for working families. Today Cuomo alienated and angered millions of New Yorkers. We look forward to helping a strong Democrat defeat Cuomo if he foolishly tries to run for a third term as Governor.
In addition to the screw job to tenants, Cuomo stuck it to public schools too - raising the charter cap by 180 (50 for the city, but since the statewide cap is nowhere near full, expect that some or all of those rest-of-the-state slots end up in NYC in the end), giving $250 million to private schools and extending the property tax cap for 4 years.
Another end-of-the-session screw job from Cuomo.
When do "liberals" in NYC finally abandon Andrew Cuomo and make him pay politically for screwing them?