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Tax cap and rent laws unresolved as legislative clock runs down

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There's just four full days left in the legislative session, and still no agreement on a property tax cap or the renewal of New York City's rent laws, two issues that state lawmakers have tied together. The rent laws expire at the end of the day Wednesday, and time is running out. Karen DeWitt reports.

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Karen DeWitt
NYS Capitol Correspondent

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Governor Cuomo and legislative leaders agreed two weeks ago to tie renewal of the rent laws to a 2% property tax cap, which means both laws would periodically sunset on the same date. Cuomo and Assembly Speaker Sheldon Silver want to strengthen tenant protections, while Senate Republicans have been hesitant so far.

Senator Adrian Espaillot and other Democrats, who are in the minority in the Senate, said they won’t agree to end the session until tenant protections are strengthened.

“Here we are at the 11th hour,” Espaillot said. “We plan to stay here until hell freezes over.”

Senate Republicans have proposed extending the rent laws for two days, until the end of the day Friday. Governor Cuomo said he’s amendable if meaningful talks are ongoing.

Assembly Speaker Silver said he’d prefer to forge an agreement on time, before the law runs out.

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