LIBOR will be closed January 20th. Have a safe and happy holiday!

Field Updates

LIBOR Government Affairs Testified at the Town of Huntington’s Town Board Meeting
Jun 16, 2023 1 min read
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.
NYSAR’s End of State Legislative Session Wrap up
Jun 15, 2023 3 min read
The State Legislature was scheduled to conclude business over the weekend after extending the legislative session past its June 8 deadline.
Save the Date: NYSAR Lobby Day – April 30, 2024
Jun 14, 2023 1 min read
Mark your calendars – NYSAR’s annual Lobby Day in Albany is scheduled to take place on Tuesday, April 30, 2024.
State Legislature Unable to Agree on Housing Package in Final Days of Session – “Good Cause” Eviction Fails to Advance
Jun 13, 2023 1 min read
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 
NYC Council Primary Races to Watch
Jun 13, 2023 1 min read
New York City Primary Elections will be held Tuesday, June 27 for City Council races, district attorneys, judges, and other local races.
Urge Lawmakers to Remove Cold Call Restrictions on Licensed Real Estate Professionals in State of Emergency
Jun 6, 2023 1 min read
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
NYSAR Meets with Key Lawmakers as End of Session Nears
Jun 6, 2023 1 min read
This week, NYSAR staff met with key lawmakers as the 2023 legislative session comes to a close on June 9.
Take Action Now to Remove Cold Call Restrictions
May 31, 2023 1 min read
Urge state lawmakers to remove cold call restrictions on licensed real estate professionals during a state of emergency.
Telemarketing Bill Advances in Assembly Committee
May 31, 2023 1 min read
On Tuesday, NYSAR-supported legislation (A.6680/S.412) that would provide for a technical amendment to a current law allowing for legitimate telemarketing business activities
NYSAR Meets with Assembly Housing Chair Linda Rosenthal
May 31, 2023 1 min read
This week, NYSAR met with Assemblymember Linda Rosenthal (Manhattan), Chair of the Assembly Housing Committee, to discuss statewide housing issues, including priority legislation
Governor Hochul Stands Against “Good Cause” Eviction
May 23, 2023 1 min read
REALTORS® took action successfully urging state lawmakers to oppose the inclusion of “good cause” eviction measures in this year’s state budget.
Senate Leader Stewart-Cousins: “Good Cause” Eviction Bill Won’t Pass as Drafted
May 23, 2023 1 min read
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 President Testifies Before Congress on New Mortgage Fees
May 23, 2023 1 min read
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. 
Cold Calling Still Prohibited in New York
May 23, 2023 1 min read
Real estate licensees may not make any unsolicited phone calls to a member of the public during a State of Emergency.
State Lawmakers Introduce First-time Homebuyer Savings Account Bill Following NYSAR Lobby Day
May 16, 2023 1 min read
Following NYSAR and REALTOR® Lobby Day advocacy efforts, legislation that would create an NYS first-time homebuyer savings account program
FHFA Rescinds Upfront Fees Based on DTI Ratio
May 16, 2023 1 min read
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 Bill Would Delay Implementation of NYC Local Law 97
May 16, 2023 1 min read
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.
Record Attendance at NYSAR’s 2023 Lobby Day
May 9, 2023 1 min read
A record number of REALTORS® attended this year’s NYSAR Lobby Day in Albany on Tuesday, May 2, 2023.
Final State Budget Summary
May 9, 2023 2 min read
Late Wednesday, state lawmakers approved a $229 billion state budget, nearly a month after the April 1 deadline.
Summaries of New Climate-related Laws in NYC
May 9, 2023 1 min read
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.