Times Ledger: Albany Back at Work Again on Rent Laws

Elected officials are in the process of working out a four-year framework to extend rules that protect rent-stabilized apartments.

The rent regulations at stake control how much rent can be increased for about 1 million apartments in New York City. The rent-stabilized regulations expired June 15 after the state Assembly and state Senate failed to pass a bill that would either extend the regulations or expand on them.

According to state Sen. Joseph Addabbo (D-Howard Beach), legislators were coming close to an agreement for a four-year extension. But he warned the details of the legislation have yet to be worked out.

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