Rent Regs Fight to be Continued Next Week

After a long week at the state Capitol and no long-term deal on the rent control laws that expired Monday, legislators agreed to a five-day temporary extension of the laws, so that members could leave for their districts over the weekend.

"Negotiations on a range of issues important to the people of New York State remain ongoing and are moving in a positive direction toward a resolution,” said the governor and legislative leaders in a statement. “As discussions continue through the weekend, the Assembly and Senate have agreed to pass—and the Governor has agreed to sign—a five day extender of New York City’s rent regulations that will codify into law important safeguards for more than two million tenants.”

The legislative session’s last scheduled day was June 17, but members are expected to return Tuesday to take up the remaining issues. While the Assembly will remain in Albany until Friday afternoon, State Senate Majority Leader John Flanagan told reporters he would be sending his members home Thursday night. Flanagan will remain in Albany to continue negotiations with Gov. Andrew Cuomo and Assembly Speaker Carl Heastie.

The extension was first reported by the Daily News and later confirmed.

In addition to the rent regulations, leaders still need to reach an agreement on changes to the 421-a tax break for developers, the education investment tax credit and, potentially, mayoral control and the property tax cap.