Field Updates

Legislation to impose “good cause” eviction, which would cap annual rent increases on non-owner-occupied apartments under 4 units to 3% or lower

Governor Kathy Hochul indicated she may issue a second budget extender as the initial budget extension deadline of April 10 approaches.

NAR recently announced the creation of the  Housing Solutions Coalition, which NAR is a founding member of.

Disagreements over changes to New York's controversial bail law and “good cause” eviction as well as how to expand housing in the state are fueling what is expected to result

New York has finalized a list of disadvantaged communities that are mandated to receive at least 35% of the total statewide spending on clean and energy efficiency programs

Gov. Kathy Hochul and state lawmakers appear to be aligned on new measures to phase out fossil fuel combustion equipment – furnaces, water heaters, dryers and stoves – in new homes

As policymakers continue to negotiate decarbonization in New York, they have so far declined to outline in detail the costs to individual households and ratepayers

The state Senate and Assembly released their respective one-house budget proposals on Tuesday signaling the Legislature’s response to Gov. Kathy Hochul’s initial Executive Budget proposal released

“Inside City Hall” news reporter Errol Louis recently highlighted the need for more transparency and fairness in the co-op purchasing process and discussed legislation that would require a written

On February 23, NYSAR submitted formal testimony before the New York City Council in opposition to legislation (Int. 196) that would establish a right of first opportunity to purchase

Gov. Kathy Hochul and the state Legislature are considering legislation to prohibit new and existing fossil fuel hookups and systems in homes across the state.

The New York City Council is considering legislation Int. No. 196, which would establish a right of "first opportunity to purchase" for not-for-profit organizations.

The Federal Housing Finance Agency (FHFA) recently announced changes to Fannie Mae and Freddie Mac’s (the Enterprises) multifamily radon standards.

A state appeals court on Monday affirmed a decision to uphold New York’s rent regulations, in response to a NYSAR-supported lawsuit brought by landlord groups

NYSAR’s Legislative Steering Committee approved its 2023 Legislative Advocacy Agenda, including support of additional measures and incentives to promote and increase homeownership

In his State of the City speech on Thursday, NYC Mayor Eric Adams said his administration is committing more than $22 million to tenant protection programs.

In her 2023-2024 Executive Budget proposal, Gov. Kathy Hochul included language that would direct the NYS Fire Prevention and Building Code Council

On Wednesday, February 1, Gov. Kathy Hochul presented her FY 2023-24 Executive Budget proposal totaling $227 billion, a 2.4 percent increase in spending over last year.

Property tax levy growth for school districts and cities will be capped at 2 percent for fiscal year beginning July 1, 2023

On January 19, the state Senate held a hearing to examine possible legislative and budgetary actions that would be necessary to implement recommendations