Field Updates

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On May 10, following concerns expressed from NAR and other industry organizations, the FHFA announced that it has rescinded its proposed loan level pricing adjustment (LLPA) upfront fees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.
NAR Urges FHFA to Eliminate LLPA Increases
May 3, 2023 1 min read
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
New York Set to Ban Gas Furnaces, Stoves in New Buildings
May 3, 2023 1 min read
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. Hochul Announces ‘Conceptual’ State Budget Deal
May 3, 2023 1 min read
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
NYSAR Meets with State Lawmakers on Coop Transparency and First-time Homebuyer Program
May 3, 2023 1 min read
This week, NSYAR met with state lawmakers and staff advocating for introducing and advancing priority legislation, including bills that would help first-time homebuyers
NYSAR Pre-Lobby Day Issues Briefing Live Zoom: April 28 at 11 AM
Apr 26, 2023 1 min read
REALTORS® are invited to attend virtually NYSAR’s Pre-Lobby Day Issues Briefing Live Zoom on Friday, April 28 at 11 AM.
Reported: Major Housing Policy Removed from State Budget Negotiations
Apr 26, 2023 1 min read
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