Watch CBS News

Gov. Cuomo Threatens Special Session For NY Legislature Over Rent Control Law

NEW YORK (CBSNewYork/AP) -- Gov. Andrew Cuomo says the Senate's failure to renew the New York City rent control law before it expired Wednesday night is "unacceptable."

The Democrat is threatening Thursday to force the Legislature into special session beyond Monday's scheduled last day if no deal is struck.

In a game of brinksmanship, the Senate's Democratic minority dominated by New York City senators refused to accept the Republican bill, which included none of the Democrats' proposals.

Once the Democrats started voting against the Republican bill, upstate Republicans joined them. The bill to extend rent protections for 1 million tenants failed.

1010 WINS' John Montone reports: Tenants In Bensonhurst Fear Big Spikes In Their Rent

Podcast

The bill also jeopardizes a measure to cap the growth in property taxes. Cuomo linked the rent control bill pushed by New York City Democrats to the tax cap sought by Senate Republicans.

Meanwhile, New York City residents living in rent controlled apartments sat in limbo as they anxiously awaited lawmakers' decision on the future.

If the extension isn't approved, more than a million tenants will lose the protection against spikes in their rent. Approximately 2.5 million New Yorkers live in rent-stabilized apartments.

On their side in this battle is Assembly Speaker Sheldon Silver, who says New York has become a city of the rich and the poor.

"We have taken hundreds of thousands of affordable units off the rent rolls and made them into luxury housing," said Silver.

Both Silver and Cuomo are looking to strengthen protections for tenants enjoying lower rent to help keep the middle class in the city.

(TM and Copyright 2011 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2011 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.