Senate Temporarily Restores Rent Control Law

Friday, Jun 17, 2011  |  Updated 7:43 PM EDT
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Senate Temporarily Restores Rent Control Law

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New York's Senate has temporarily restored New York City's rent control law to protect more than 1 million tenants until a longer term solution can be negotiated.

The law that dates to 1946 lapsed Wednesday night because a political fight in the Senate resulted in rejection first by Democrats, then by much of the Republican majority.

The extension adopted late Friday is retroactive to the expiration and runs until midnight Monday, so all tenants will be protected from any rent hikes or eviction landlords might have sought after the bill lapsed.

The adoption of a longer term rent control law is tied to a bill that would cap the growth of property taxes statewide.

The last day of the scheduled session is Monday.

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