Field Updates

After not being able to come to an agreement with the state legislature last month, Gov. Kathy Hochul took action yesterday, issuing Executive Order No. 30, aimed at addressing the housing crisis in New York State.

On June 21, the U.S. House of Representatives passed  H.R. 3799, the CHOICE Arrangement Act.

On Thursday, the New York City Council voted 42-8 to override Mayor Eric Adams’ veto of a package of bills to expand access to the city’s rental housing voucher program.

Property owners with lower or fixed incomes are scrambling to fund renovations to Comply with a New York City climate law ( Local Law 97) requiring buildings to reduce carbon emissions.

Last week, state utility regulators began  planning for a major new underwater transmission project to bring offshore wind energy into New York City

On Wednesday, the Department of State adopted regulations establishing a new cease and desist zone covering parts of Brooklyn in areas within Community Board 17

New York City Mayor Eric Adams and City Council Speaker Adrienne Adams have come to an agreement on a $107 billion city budget ahead of the July 1 deadline

Fact is, REALTORS® vote! Over 95% of our members are registered and ready for Election Day!

This week, the Assembly concluded its two-day special session to end this year’s legislative session.

This week, NYC Council Member Chi Osse introduced legislation (Int. 1105) that would prohibit landlords from collecting broker fees from a tenant.

A bill (S.6577/A.6656) to help protect victims of deed theft passed the Senate and Assembly during the final days of this year’s legislative session.

On June 21, the New York City Rent Guidelines Board voted to approve a 3 percent rent increase for one-year leases on rent-stabilized apartments.

State Assemblymembers are scheduled to return to Albany on June 20 for a two-day session to complete unfinished work when the legislature ended session on June 10.

New York City Mayor Eric Adams is weighing a decision to veto a package of bills approved by the NYC Council that would expand access to the city’s Family Eviction Prevention Supplement housing vouchers and eliminate a 90-day waiting period

LIBOR Government Affairs testified at the Town of Huntington’s Town Board meeting on Tuesday in support of the town’s proposal to allow residents to build ADUs on their property.

The State Legislature was scheduled to conclude business over the weekend after extending the legislative session past its June 8 deadline.

Mark your calendars – NYSAR’s annual Lobby Day in Albany is scheduled to take place on Tuesday, April 30, 2024.

On June 8, in the final days of this year’s legislative session, Senate Majority Leader Andrea Stewart-Cousins and Assembly Speaker Carl Heastie released a joint statement 

New York City Primary Elections will be held Tuesday, June 27 for City Council races, district attorneys, judges, and other local races.

Your action is needed - please urge your state lawmakers to pass legislation S.412/A.6680, which clarifies the ability for licensed real estate professionals to provide telemarketing services during states of emergency