Photo by James Sanna | Banker & Tradesman Staff

Despite the uncertain environment facing the real estate world as 2023 looms, Boston Mayor Michelle Wu says she still plans to bring a rent control proposal to state legislators “their next legislative session opens up in 2023.”

Speaking on WBUR’s “Radio Boston” program Monday, Wu said she was waiting for her administration’s advisory committee to complete “some final pieces” and “wrap their process.” Wu had appointed nearly two dozen housing advocates, tenant activists and real estate industry members to the committee in March, and charged them with crafting a compromise proposal to rein in rents that, at the time, were growing by leaps and bounds amid tight supply and record demand partly driven by a surging economy.

“We look forward to presenting the kind of proposal that strikes the right balance for Boston,” Wu told “Radio Boston” host Tiziana Dearing.

With the city’s housing development pipeline slowing dramatically, the city was taking time to make sure any proposal to control rents “is right,” Boston Planning & Development Agency Director Arthur Jemison told the Contrarian Boston newsletter, published by Banker & Tradesman columnist Scott Van Voorhis, last week.

WBUR’s Dearing also quizzed Wu on a proposal unveiled last week to dramatically increase and restructure both development fees and affordable housing requirements for commercial real estate projects in the city.

When asked whether she could get City Council support for the changes, which aren’t as aggressive as those councilmembers endorsed in early December, Wu said “I hope so.”

“I know there’s always a desire to do more but we really believe that this is an appropriate balance,” she said.

Inaction, Wu said darkly, would mean “the people who keep our city going” will get pushed out by too-high housing costs.

“We have no other choice as a city except to pursue every possible step for affordable housing that we can. This is make-or-break for our economy,” Wu said.

She also offered hope to developers that the city will be pairing the increased requirements with initiatives that might lower development costs elsewhere.

“We understand that it can’t be all give-give-gvie on the side of the developers. There are things the city needs to do better,” Wu said, adding the city is “working on a committment to really ohld tight to approvals timelines.”

“That’s the number-one stressor that we’ve heard from the real estate community that would make their projects run more smoothly and help them develop more affordably,” she said.