Arrr mateys, the New York budget be stalled again o'er squabbles 'bout housing. Will we never see land ho?!
2024-04-11
Arrr, me hearties! Another hold up be expected for the land lubbers' budget in New York as they haggle o'er buildin' a grand ol' heap o' houses. Ye may as well be waitin' for a treasure chest to appear from Davy Jones' locker!
Arr, ye scallywags in New York be at it again, holdin' up the state budget like a treasure in a locked chest! Backroom negotiations be draggin' on as lawmakers squabble over a grand proposal to boost new housing construction. The state Senate passed a stopgap bill to keep the government runnin' until April 15, with the Assembly set to follow suit, sendin' it to Governor Kathy Hochul for the ol' John Hancock.Housing be the main thorn in their sides, mateys, as they try to please developers, tenants, and labor alike with tax breaks, wage agreements, and tenant protections. Hochul be keen on boostin' the housing stock, after last year's plan for 800,000 new homes got scuppered by suburban lawmakers.The governor be lookin' to use commercial properties and state lands for housing, offerin' incentives for developers to include affordable homes. Ahoy! She be open to tenant protections, too, a key demand of the Assembly and Senate leaders.But that ain't all, me hearties! There be squabbles over school funding, criminal penalties, and crackdowns on unlicensed marijuana shops. The budget, now delayed past April Fool's Day, be expected to weigh in at a hefty $230 billion. Avast ye, as the negotiations continue in the murky waters of Albany!