Hochul announces a New York state budget deal

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Hochul announces a New York state budget deal
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Hochul announces a New York state budget deal – sort of

New York Gov. Kathy Hochul made an announcement Monday afternoon that was two weeks overdue. She and legislative leaders were said to have a handshake deal on a $237 billion state budget agreement – sort of.

Neither of Hochul’s main negotiating partners, Senate Majority Leader Andrea Stewart-Cousins and Assembly Speaker Carl Heastie , were in attendance for the governor’s announcement. Like governors before her, Hochul used the press conference to deliver an overview of what she and legislative leaders have agreed on. In some cases, it was light on details, many of which remain to be negotiated.After more than a year of false starts, Hochul and lawmakers are poised to implement measures meant to tackle New York’s statewide housing crisis, including two policies favored by Mayor Eric Adams.

But Elizabeth Fine, counsel to the governor, said the particulars of the “Good Cause” legislation are still being worked out, declining to get into specifics.“Governor Hochul is pushing through a housing deal written by the real estate industry to ensure they keep getting richer off the backs of hardworking tenants,” said Cea Weaver, director of the Housing Justice for All coalition.

Hochul also touted measures that will make it easier for the state and local governments to crack down on an explosion of illicit marijuana shops that have cropped up in New York City and beyond since the state legalized recreational marijuana in 2021.

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