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Second Time’s the Charm? NY Legislature Angles For Broad Housing Deal

With the state’s annual spending plan due in less than three weeks, the Senate and Assembly called this week for a housing deal that both incentivizes development and protects tenants. But Hochul, who has substantial leverage in budget negotiations, has insisted that these topics should be addressed separately.

“I’ve always talked about the need to protect our tenants,” Hochul told reporters in February. “However, they should not be conflated. I’m talking about supply. Regulations related to tenants do not get me more supply; they don’t build more housing in every corner of the state. So, they’re two different conversations.”

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