The Assembly speaker confirmed that bringing back rent increases to offset the costs of renovating rent-stabilized apartments is on the budget negotiati.
New York City's stringent regulations will stay intact, but opponents vow to keep battling. The U.S. Supreme Court has refused to hear a case challenging New York City rent stabilization laws.
Queens borough president calls for more affordable housing as Rent Guidelines Board approves rent hikes for stabilized apartments msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.