Assembly Speaker Sheldon Silver says fate of rent regulations is up to Governor Cuomo
Tuesday, April 12th 2011, 4:00 AM
Buckowski/TimesUnion
Assembly Speaker Sheldon Silver said that the fate of rent regulations rests with Gov. Cuomo."We need him to join us and use his clout to bring together the relevant stakeholders to make it happen," Silver (D-Manhattan) said Monday.ALBANY - Assembly Speaker Sheldon Silver said the fate of New York's expiring rent regulations rests with Gov. Cuomo.
Cuomo spokesman Josh Vlasto said the governor supports an expansion of rent regulations, which expire June 15, but stopped short of endorsing the Assembly's proposal.
The GOP-controlled state Senate opposes anything other than an extension of the existing rules.
Senate GOP spokesman Scott Reif said the Senate intends to "address the [rent] issue in the weeks ahead."
The Assembly's rent bill, approved by the Democrat-controlled chamber Monday, extends regulations for another five years and abolishes vacancy decontrol - which allows landlords to deregulate vacant apartments with rents of $2,000 or more.
Currently, landlords can deregulate apartments when a tenant's income reaches $175,000 for two consecutive years and the rent hits $2,000 a month.
Read more: http://www.nydailynews.com/ny_local/2011/04/12/2011-04-12_assembly_speaker_sheldon_silver_says_fate_of_rent_regulations_is_up_to_governor_.html#ixzz1JLhqJETX
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