The Urstadt Law, which was passed by Albany lawmakers in 1971, took away New York City’s right to implement its own housing laws. Although NYC’s new mayor, Bill de Blasio, has called for a repeal of the Urstadt Law, Senator Catharine Young has so far refused to allow this to happen.
It’s easy to see why. If the lawmakers of New York City were allowed to make the laws of New York City, then the landlords would have no use for Catharine Young. This would mean that all of the money she gets from NYC landlords (which greatly exceeds her actual salary from the state) would disappear.
So it should come as no surprise that every time a senator (such as Liz Krueger, who actually represents part of NYC) tries to introduce a “home rule” bill to let the city control its own housing laws, Catharine Young and her friends in Albany simply kill it.
Despite the fact that she’s bankrolled by NYC landlords, Catharine Young actually has the nerve to pretend that she wants to bring down rents in New York City. In an official statement to Crain’s newspaper, Young wrote:
“The best way to bring down rents is to expand the number of housing units. It is a basic supply and demand issue… Changing the Urstadt Law would prove to be a disaster for the future of New York City’s housing market.”
Watch Young kill S1492 in this video from a Housing committee meeting last year (3:15):