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Published 14 days ago

New York lawmakers pass $237 billion budget with policies to jump-start housing market

  • New York lawmakers approved a $237 billion state budget to boost housing construction and tackle illegal marijuana sales.
  • Developers will receive tax breaks for offering affordable apartment units, with set wages for workers on these projects.
  • Progressives secured limited tenant protections against rent hikes and evictions, falling short of wider demands.
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