BROOKLYN - The state Legislature is agreeing to extend the New York City rent control law until Friday as negotiations continue for a longer term renewal.
The action late Wednesday means no threat to renters protected under the 1946 law. The law was scheduled to expire at midnight.
Gov. Andrew Cuomo (D-N.Y.) and Assembly Speaker Sheldon Silver seek to strengthen protections for tenants enjoying lower rent intended to help keep the middle class in the city. The Republican-led Senate seeks a simple extension of the law's provisions.
Brooklyn residents living in rent-stabilized apartments took to the streets this afternoon in front of state Sen. Marty Golden's (R-N.Y) office in Bay Ridge, urging him to support stronger provisions. They say they're worried the city will become only affordable to the rich without changes to the law.
The bill's success or failure is tied to a statewide property tax cap law.
AP wires services contributed to this report
Brooklyn tenants stage sleep-in for rent-regulation renewalCity turns to rent control protection, tax cap