Albany’s legislative session is scheduled to close on June 17th. Below I highlight two related issues still in the balance that can have a huge impact on the lives of New Yorkers.
Most essential, especially in Lower Manhattan, is renewal and strengthening of rent regulations. 2.5 Million New Yorkers depend on these protections. Our neighbors and our neighborhoods need these laws to be strengthened this year.
The Assembly has passed an excellent package of rent reforms. Now they must stand firm in the face of opposition from big real estate donors (see below). Please contact your Assembly member today athttp://assembly.state.ny.us/mem/ to tell them not to compromise on this vital issue. The GOP-led State Senate has been less friendly to tenants. Please contact your State Senator athttp://www.nysenate.gov/senators to ask them to pass real rent reform.
Most legislators really do respond to hearing from their constituents. In fact, on June 9th, we’ll be traveling to Albany to tell them in person. Buses will be departing at 7AM from all over the city to flood Albany with tenants demanding protections. If you can make it, please contact Mia McDonald at [email protected] to RSVP or for more info. I hope to see you there.
Close the LLC Loophole
Yesterday, the NY State Senate again blocked a vote on a billchampioned by our State Senator Daniel Squadron closing the so-called “LLC loophole”. This enables Limited Liability Corporations – the preferred corporate structure of NY’s real estate industry – to make unlimited contributions to elected officials.
The same billionaire named in the indictments of legislative leadersof both parties this year also doles out millions via the LLC loophole. Make no mistake: these are smart business people. They are spreading this cash to raise your rent and raise your taxes.
Please sign this petition today to support Sen. Squadron’s bill to close the LLC Loophole.
There are many other issues on the table as well, including key ethics reforms. I’ll continue to keep you posted as we work for an honest, progressive government for all New Yorkers. Thank you.