NY Gov. Kathy Hochul, legislative leaders come to initial agreement on landmark housing deal

The preliminary agreement would allow tenants to challenge lease hikes over 10% in housing court, boost new and affordable housing, and lift a law capping building density in Manhattan.

Developers can get tax breaks by allocating 20-25% of new apartments for middle-class families, aiding in converting office towers into housing and revitalizing areas affected by the pandemic.

Read at New York Post