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In a speech last month at the New York City Bar Association, Gov. Andrew Cuomo outlined an ambitious agenda for the first 100 days of his third term, which started Jan. 1. As part of his agenda, the governor intends to reform rent regulations, including ending vacancy decontrol, repealing preferential rent, and limiting capital improvement charges.
Cuomo has stated that it will now be easier to enact many of the agenda items, since the Democrats gained nearly two-thirds of the seats in the Senate in November’s election. Democrats already lead the state Assembly.