Yesterday, the City Council (by a vote of 31 to 20) approved the modified City of Yes for Housing Opportunity text amendment (COYHO), which aims to combat the housing crisis by making it possible to build a little more...more
12/6/2024
/ Affordable Housing ,
City Councils ,
Legislative Agendas ,
Mayors ,
New Legislation ,
New York ,
Regulatory Agenda ,
Regulatory Reform ,
State and Local Government ,
State Elections ,
Zoning Laws
On November 21, 2024, the Zoning and Franchises Subcommittee (by a vote of 4-3) and Land Use Committee (by a vote of 8-2 and one abstention) approved the City of Yes for Housing Opportunity text amendment (COYHO), with...more
Over a year ago, New York City Mayor Eric Adams announced the “City of Yes”, a plan to update the City’s zoning tools to support small businesses, create affordable housing, and promote sustainability. On December 6, 2023,...more
12/8/2023
/ City of New York ,
Clean Power Plan ,
Climate Action Plan ,
Climate Change ,
Electric Vehicles ,
Environmental Policies ,
Greenhouse Gas Emissions ,
New York ,
Regulatory Agenda ,
Renewable Energy ,
Urban Planning & Development ,
Zoning Laws
New York’s rent stabilization laws, amended in 2019, are arguably the most stringent in the country. Challenges to New York’s rent regulations are not new, and come from both sides of the aisle, tenants and landlords alike....more
On February 23, 2023, the Committee on Housing and Buildings at the New York City Council held a hearing on four local laws and three resolutions, all of which, if passed, would have vast impacts on residential housing...more
The City and State of New York have made a handful of announcements regarding plans to roll out imminent changes to the real estate development process to help encourage development and tackle the City’s affordable housing...more
Earlier this month, New York Governor Hochul’s executive budget introduced a proposal for an updated 421-a Real Estate Tax Exemption Program. Referred to as “Affordable Neighborhoods for New Yorkers” and proposed under a...more
On Monday, May 3, 2021, the New York City Planning Commission (CPC) “referred” the Department of City Planning’s (DCP) proposed zoning text that would mandate a Special Permit for all new hotels in New York City, beginning...more
The New York City Department of Sanitation (“DSNY”) is proposing to amend its existing sanitation rules to require new and converted buildings classified as multiple dwelling buildings having 300 or more dwelling units to...more