New York Gov. Kathy Hochul won’t be embracing the bill despised by landlords and supported by tenant advocates.
Make your contribution now and help Gothamist thrive in 2023.New York Gov. Kathy Hochul won’t be lending her support to an ongoing effort to cap annual rent increases and ban most landlords from evicting tenants without good cause., which she said would help create 800,000 new units in a state that has long been in desperate need of housing.
“Well, we put forth the [housing] plan that we’re going to be working on this year already,” Hochul said. Hochul’s housing plan, which also places an emphasis on developing housing near transit stations, is included in her $227 billion state budget proposal, which she will negotiate with legislative leaders before the April 1 start of the state’s new fiscal year.
“That is what's going on right now in the state of New York, because we have not kept up with building at the same pace as they have in other states,” Hochul said. “I want to break that logjam. I want to make some progress.” Among those opposing the good cause bill are the Real Estate Board of New York, a lobbying group representing New York City's biggest real estate interests, which has joined with other groups representing builders, landlords and realtors to create a coalition known as Homeowners for an Affordable New York.
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