Mayor Bill di Blasio testified at the 2/25/2015 State Budget Hearing - in strong support of reforming the rent laws, including repealing vacancy deregulation. He said:
To tackle the affordable housing crisis, the City and State must work cooperatively. Even though I know the discussion of the future of rent regulation will occur post-budget, I must emphasize now the importance of renewing and strengthening rental protections that expire this year.
"If they are not renewed and strengthened, many thousands of apartments will become unaffordable. And many thousands of people will lose their homes.
"I also want to state clearly my belief that we must end vacancy decontrol. It is a major contributing factor in the loss of rent-protected units in the City.
Click on "read more" for the full text of the rent law part of his speech.