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Assembly votes to make rent regulation permanent.


The New York State Assembly The New York State Assembly is the lower house of the New York Legislature, the state legislature of the U.S. state of New York. The Assembly is composed of 150 members representing an equal amount of districts, with each district having an average population of 127,000.  approved a bill last week to make rent protections permanent in the city and in other counties including Westchester, Rockland and Nassau. More than 1 million units are affected statewide.

Currently, rent regulation must be renewed by the state legislature A state legislature may refer to a legislative branch or body of a political subdivision in a federal system.

The following legislatures exist in the following political subdivisions:
 every two years.

Rent Stabilization Association President John J. Gilbert III called the move the "epitome of irresponsibility."

Dan Margulies, executive director of the Community Housing Improvement Program (CHIP), said the extention is a ploy ploy  
n.
An action calculated to frustrate an opponent or gain an advantage indirectly or deviously; a maneuver: "A typical ploy is to feign illness, procure medicine, then sell it on the black market" 
 by the Assembly so they can claim they've resolved the states' housing issues for the years and dump it in the senate's lap. It's a one-house bill and we'll see what happens next and its a shame they have to play such perry political games with such an important issue."

Assembly Speaker Saul Weprin Saul Weprin (August 5, 1927-February 11, 1994) is the former Speaker of the New York State Assembly. Personal life
He was born in Brooklyn and practiced law much of his life. Political Life
He represented a district in the Queens borough of New York City.
 introduced the measure as a way to avoid fighting over extensions to the Emergency Tenant Protection Act, which have usually been for two years. The Assembly also passed a two-year extender See Media Center Extender, bus extender and DOS extender.  in case they run into problems with the permanent legislation.

The state Senate has traditionally used the regulations as a bargaining chip bar·gain·ing chip
n.
Something, especially an inducement or concession, used as leverage in negotiations: "A bargaining chip is ultimately worthless if you're not willing to bargain it away" 
 towards the end of the session and that still may happen this June. Senate Majority Leader Ralph Marino has already indicated permanent rent stabilization is not in the cards.

"We have to stand up and show Speaker Weprin the error of his ways and that we're not going to take it," Gilbert added.

There about 900,000 rent stabilized apartments in the city. Vacant co-op and condo units that are being rented until they are sold are exempt from regulation as are buildings with fewer than six apartments.
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Copyright 1993, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:New York State Assembly approves rent protections bill
Author:Weiss, Lois
Publication:Real Estate Weekly
Date:Feb 17, 1993
Words:275
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