Advertisements


Cuomo warns of "explosion" if rent laws expire

The fight in Albany over New York's 1 million rent-regulated apartments could trigger a political counterblast if the state Senate and Assembly cannot come to terms, Gov. Andrew Cuomo warned... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJun 12th, 2019

Rent overhaul will wipe out local owners, warns CHIP

Governor Andrew Cuomo looks set to approve the biggest package of rent reforms ever introduced in New York. And if he does, thousands of local owners will throw in the towel, leaving the city’s rental apartm.....»»

Category: realestateSource: realestateweeklyJun 13th, 2019

Senate, Assembly leaders vow "strongest rent package ever"

With little more than two weeks before New York's rent-regulation laws expire, the Democratic leaders of the state Senate and Assembly are presenting a united front.In a joint statement Tuesday,... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJun 3rd, 2019

Rent reforms would restore a system that worked

To the editor: Re “:” Despite what powerful lobby groups might say, New York must protect and strengthen the city’s rent regulations when the current laws expire in June. Some groups that are... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 21st, 2019

Rent regs on the table

The state laws governing expire June 1, but there is a broad consensus in the Legislature to renew them. So the debate this year will be about how much to tilt them in favor of tenants. That's a... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 9th, 2019

"Thousands" of rent-regulated units sitting empty, industry group says

Landlords of rent-regulated apartments are holding thousands of vacant units off the market as a result of changes to the rent laws that were passed by Albany legislators in June, an industry group... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 12th, 2019

Refugee Explosion "Even Greater" Than 2015 To Hit Europe, German Minister Warns

Refugee Explosion "Even Greater" Than 2015 To Hit Europe, German Minister Warns The German government is warning that a number.....»»

Category: blogSource: zerohedgeOct 9th, 2019

Would Ocasio-Cortez"s rent control bill solve housing crisis?

As Oregon and California enact new rent control laws to combat the affordable housing crisis, Alexandria Ocasio-Cortez proposes strict rent caps nationwide......»»

Category: topSource: moneycentralSep 27th, 2019

Would Ocasio-Cortez"s rent control bill solve housing crisis?

As Oregon and California enact new rent control laws to combat the affordable housing crisis, Alexandria Ocasio-Cortez proposes strict rent caps nationwide......»»

Category: topSource: moneycentralSep 27th, 2019

2019 Tenant Protection Act: The pendulum has swung too far

By Luise A. Barrack Clearly, there has been nothing as controversial for decades in New York’s real estate community than the passage of the new rent laws titled the “Housing Stability and Tenant Pr.....»»

Category: realestateSource: realestateweeklySep 25th, 2019

Switzerland warns Facebook"s Libra it will face extra scrutiny

Facebook's Libra cryptocurrency suffered another setback on Wednesday when Switzerland said the proposed payments system could face strict rules that typically apply to banks, on top of tough anti-money laundering laws......»»

Category: topSource: reutersSep 11th, 2019

Multifamily values ʻsucker punchedʼ

New York City’s new rent regulation laws have shaved nearly half the value off multifamily properties, according to investment sales brokers. Sa.....»»

Category: realestateSource: realestateweeklySep 11th, 2019

Ariel reports big multifamily slide

New York City’s multifamily property market took a hit in the first half of 2019, a direct result of looming changes to the state’s rent regulation laws. Tra.....»»

Category: realestateSource: realestateweeklyAug 1st, 2019

Ariel reports bleak multifamily sales

New York City’s multifamily property market took a hit in the first half of 2019, a direct result of looming changes to the state’s rent regulation laws. Transact.....»»

Category: realestateSource: realestateweeklyJul 25th, 2019

How NY laws to close pay gap in sports and elsewhere will work

New York Gov. Andrew Cuomo on Wednesday signed two new laws intended to guarantee equal pay regardless of gender. One of the laws says employers cannot pay two people different amounts for similar work (S5248B and A8093A) and the other says employer.....»»

Category: topSource: bizjournalsJul 11th, 2019

Cuomo signs new equal pay laws. Here"s what you need to know for your hiring practices

Gov. Andrew Cuomo on Wednesday signed two new laws intended to guarantee equal pay, regardless of gender. The legislation could affect employers' hiring practices. One of the laws says employers cannot pay two people different amounts for simila.....»»

Category: topSource: bizjournalsJul 11th, 2019

Changing New York rent laws could spark financial crisis

By Jonathan .....»»

Category: realestateSource: realestateweeklyJul 3rd, 2019

Cuomo counsel quits to lead Human Rights Campaign

The Rent Guidelines Board has voted to hike rents for more than one million tenants in The Board's 5-4 Tuesday approved a 1.5% increase on one-year leases and a 2.5% hike on two-year leases. The... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJul 2nd, 2019

NYC might be left out of prevailing-wage bill

New York City might be excluded from the expansion of the state's prevailing-wage laws.Gov. Andrew Cuomo is pushing to exempt the city from a bill that would expand the definition of public works... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJun 24th, 2019

How new rent laws in N.Y. help all tenants

The rules affect evictions, security deposits, application fees and more, and could have an impact on policies in other states......»»

Category: topSource: bizjournalsJun 23rd, 2019

Attorneys look for legal challenge to rent Act

Ever since the new rent regulations — all 74 pages of them — were signed into law by Governor Andrew Cuomo on Friday, real estate attorneys have been scrambling to determine what this means for the city’s property owne.....»»

Category: realestateSource: realestateweeklyJun 19th, 2019