Field Updates

This week, NYSAR met with Assemblymember Linda Rosenthal (Manhattan), Chair of the Assembly Housing Committee, to discuss statewide housing issues, including priority legislation

REALTORS® took action successfully urging state lawmakers to oppose the inclusion of “good cause” eviction measures in this year’s state budget.

State lawmakers have fewer than a dozen days left of scheduled session days this year, however, Senate Majority Leader Andrea Stewart-Cousins remained vague on details when it came to discussing possible housing legislation.

NAR 2023 President Kenny Parcell testified Wednesday about the Federal Housing Finance Agency's (FHFA) new loan level pricing adjustments (LLPA) fee increase on borrowers with fair to good credit profiles. 

Real estate licensees may not make any unsolicited phone calls to a member of the public during a State of Emergency.

Following NYSAR and REALTOR® Lobby Day advocacy efforts, legislation that would create an NYS first-time homebuyer savings account program

On May 10, following concerns expressed from NAR and other industry organizations, the FHFA announced that it has rescinded its proposed loan level pricing adjustment (LLPA) upfront fees

NYC Council Member Vicky Paladino is urging support for a bipartisan bill in the NYC Council (Int. 913) that would delay the implementation of Local Law 97, which was passed in 2019.

A record number of REALTORS® attended this year’s NYSAR Lobby Day in Albany on Tuesday, May 2, 2023.

Late Wednesday, state lawmakers approved a $229 billion state budget, nearly a month after the April 1 deadline.

Following passage of NYC Local Law 154 of 2021, the construction of certain new buildings in NYC will not be allowed to utilize fossil fuel burning systems.

On April 26, NAR sent a letter to the Federal Housing Finance Agency (FHFA) urging for the elimination of recently announced increases in upfront fees

Under the recently announced state budget agreement announced by Gov. Hochul, New York will require new buildings to be zero-emissions starting in 2026

Gov. Kathy Hochul announced late Thursday that she and Democratic leaders of the state Legislature reached a “conceptual agreement” on a $229 billion state budget

This week, NSYAR met with state lawmakers and staff advocating for introducing and advancing priority legislation, including bills that would help first-time homebuyers

REALTORS® are invited to attend virtually NYSAR’s Pre-Lobby Day Issues Briefing Live Zoom on Friday, April 28 at 11 AM.

Reporting has indicated that major housing policy is being removed from state budget negotiations as Gov. Kathy Hochul and state lawmakers have failed to come to an agreement

This week, NYSAR staff met with Sen. James Sanders’ office (D-Queens) to discuss advancing NYSAR-supported coop fairness and transparency legislation

Housing appears to have become the top budget issue being negotiated between Gov. Kathy Hochul and the state Legislature surpassing bail reform talks

Following NYSAR advocacy efforts, NYC Council Member Marjorie Velazquez has introduced a NYSAR-supported bill (Int. 1002) that would combat illegal discrimination