New York state has enacted changes in the housing laws that will have a significant impact on the development and operation of multifamily housing in New York City and the state, and will also ameliorate the effects of...more
4/24/2024
/ Affordable Housing ,
Construction Project ,
Density Bonus ,
Eviction ,
Housing Developers ,
Housing Market ,
Landlords ,
Multi-Family Development ,
New Legislation ,
Real Estate Development ,
Rent ,
Rental Property ,
Residential Property Owners ,
Tax Incentives ,
Tenants ,
Urban Planning & Development ,
Wage and Hour
The New York Senate on Jan. 4, 2023, introduced the Good Cause Eviction Bill, S-305 (Bill), which effectively is written as a statewide rent control measure that impacts all housing not already subject to state rent control...more
Twenty-four members of the New York State Senate on Jan. 27, 2021, introduced S-3082, and 43 members of the New York State Assembly on Feb. 19, 2021, introduced A-5573 (collectively, the bills), which would preclude the...more
3/4/2021
/ Condominiums ,
Eviction ,
Good Cause ,
Hotels ,
Landlords ,
Proposed Legislation ,
Rental Property ,
Residential Leases ,
Residential Real Estate Market ,
Sub-Tenants ,
Tenants
• New York's Housing Stability and Tenant Protection Act of 2019, which was enacted and became effective on June 14, 2019, will have a sizable impact on a landlord's ability to convert buildings to cooperatives and...more
7/12/2019
/ Apartments ,
Attorney's Fees ,
Co-Op ,
Commercial Property Owners ,
Condominiums ,
Eviction ,
Foreclosure ,
Landlords ,
Late Payments ,
Multi-Family Development ,
New Legislation ,
Notice of Default ,
Notice Requirements ,
Rental Property ,
Shareholders ,
Tenants