NY’s Housing Deal Is Here. What Does It Mean for Tenant Stability?
After weeks of tense negotiations, a housing deal finalized in the state budget over the weekend will temporarily extend new eviction defenses to certain renters, depending on factors like location, age, ownership and cost. It also allows larger rent increases for stabilized landlords following renovations.
Opinion: Fixing NY’s Housing Crisis Doesn’t End With Albany Budget Deal
“Both city and state governments must extend their efforts beyond the final budget deal, recognizing that tenants’ well-being is intertwined with the physical and financial stability of their homes and addressing root causes rather than assigning blame.”
