Details remain a bit fuzzy on the three-way Big Ugly deal, but some information has been slowly leaking out as legislators get briefed on the details. Here’s what we’ve heard so far:

- The 2 percent tax cap remains a 2 percent cap with the same pension exemptions. The cap expires in five years.

- Rent control expires in four years.

- Income threshold for rent control is raised from $175,000 to $200,000.

*The 421a tax credit continues for another four years unchanged.

- Vacancy decontrol is unchanged.

- Qualifying rent rises from $2,000 to $2,500.

- Tuition at SUNY campsues will rise $300 a year over five years.

- The less generous Tier VI pension proposal floated by Gov. Andrew Cuomo in the words of Assembly Majority Leader Ron Canestrari, has been “postponed.”

The Senate GOP is huddling in a closed-door conference right now. Rent advocates are not pleased with the rent deal at all, and some downstate Democratic members of both the Senate and Assembly aren’t too thrilled, either.

But Assembly Speaker Sheldon Silver said the rent agreement was not a bad one.

“I think that we have come up with a deal that has an expiration as opposed to straight extender which has been the Senate position all along is a significant improvement,” Silver said.

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