January 19, 2022

$2B in Hochul budget could fund rent relief

Legislature has until April 1 to sign off on a budget

Relief needs approval by the state legislature and would take months

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January 10, 2022

Landlords Warn Steep Tax Hikes from Good Cause Eviction Law

“It may as well be called the ‘lease for life’ bill because it would render the most basic provisions of rental apartment leases legally insignificant.

It would strip landlords of their ownership rights

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December 16, 2021

Buildings must go electric, J-51 is back

Incentive is available for residential renovations and conversions

Beginning in 2024, new buildings in the city will go electric

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December 16, 2021

Landlords defeat criminal-history bill, for now

Formerly incarcerated people are more likely to be homeless

The bill would have created a liability for owners and a worry for tenants

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December 10, 2021

Hochul bumps up voucher values to cheers of landlords, housing advocates

Law lifts the dollar values of state vouchers to 100 percent of the federal fair market level from 85 percent

Signs law raising renting power of homeless New Yorkers

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December 09, 2021

City Council weighing ban on tenant background checks

Landlords would be able to evict tenants if they perpetrate violence

The bill, landlords would be blocked from running criminal record checks

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November 24, 2021

City Council advances protections for lease-breakers

The city’s bill applies to all apartments, not just rent-stabilized ones.

Bill would prevent residential landlords from seeking early termination fees

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November 12, 2021

State attorneys general call for eviction ban on subsidized renters

Low-income renters who are more likely to receive federal housing assistance through public housing authorities or voucher program

Letter by CA, IL, NY officials, among others, asks HUD to stay proceedings on low-income tenants who applied for relief

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November 12, 2021

Fudging the numbers? Landlords say NY gamed survey to save rent stabilization

Kathy Hochul signed legislation that punts the deadline for keeping or killing rent stabilization to July, more than four years later than the last survey release.

Gov. Hochul signed legislation delaying verdict until mid-2022

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November 03, 2021

Who Is Investing In Opportunity Zone Projects?

Several projects, do not meet that profile at all

Potential OZ investors to come to us as opposed to going out and trying to find them?

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October 18, 2021

Judge trashes 421a rent overcharge suit against Muss

Win against tenants at a Bed-Stuy rental building

Tenants’ case accuses developer of illegally inflating rents in Bed-Stuy

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October 12, 2021

Proposed bill would require landlords to pay for tenants’ internet

Landlord cannot be passed along to tenants

Existing buildings would have until 2026 to comply

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October 04, 2021

Landlords find way around housing court backlog

Landlord would be subject to criminal charges, which in theory could mean a five-year prison sentence.

As nonpayment cases pile up, owners pursue money judgments in civil court

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September 22, 2021

Housing court is back — with boundaries

As many as six courtrooms will hear two to six cases per hour,

In-person appearances on tap as courts dismiss warnings of “sickness and death”

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September 17, 2021

How the Commercial Rent Stabilization Act will damage NYC’s economy

Commercial Rent Control Proposed Again as NYC Retail Reels From Pandemic

Enacting Commercial Rent Stabilization will significantly damage New York City’s economy and impair the viability of conducting business in NYC.

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September 16, 2021

Two more rent law challenges tossed, landlords rest hopes on appeal

Dismissed suits argued that the rent law is unconstitutional

Third lawsuit awaiting arguments in Second Circuit

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April 03, 2021

What landlords and tenants need to know about NYC security deposit laws.

HSTPA amended General Obligations Law (“GOL”) § 7-108 prohibit landlords from collecting more than one month of security or from taking any payment of future months’ rent

Landlords who charge more than one month’s rent for security at lease execution are taking a substantial risk.

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