Field Updates

The New York City Council is considering legislation Int. No. 196, which would establish a right of "first opportunity to purchase" for not-for-profit organizations.

The Federal Housing Finance Agency (FHFA) recently announced changes to Fannie Mae and Freddie Mac’s (the Enterprises) multifamily radon standards.

A state appeals court on Monday affirmed a decision to uphold New York’s rent regulations, in response to a NYSAR-supported lawsuit brought by landlord groups

NYSAR’s Legislative Steering Committee approved its 2023 Legislative Advocacy Agenda, including support of additional measures and incentives to promote and increase homeownership

In his State of the City speech on Thursday, NYC Mayor Eric Adams said his administration is committing more than $22 million to tenant protection programs.

In her 2023-2024 Executive Budget proposal, Gov. Kathy Hochul included language that would direct the NYS Fire Prevention and Building Code Council

On Wednesday, February 1, Gov. Kathy Hochul presented her FY 2023-24 Executive Budget proposal totaling $227 billion, a 2.4 percent increase in spending over last year.

Property tax levy growth for school districts and cities will be capped at 2 percent for fiscal year beginning July 1, 2023

On January 19, the state Senate held a hearing to examine possible legislative and budgetary actions that would be necessary to implement recommendations 

On December 16, Gov. Hochul signed into law a bill that will amend the Property Condition Disclosure Statement to add a question of home sellers regarding indoor mold history in the residence.

On January 10, Gov. Kathy Hochul delivered her 2023 State of the State address providing an outline of the governor’s priorities for the coming year.

NYSAR supports a transition to renewable energy, however, there are concerns regarding recommendations approved by the state’s Climate Action Council 

Committed to the mission of Fair Housing for ALL Long Island Board of REALTORS® worked with both the Nassau and Suffolk County legislatures, respectively, to create a bill that allows homeowners

Long Island Board of REALTORS® (LIBOR) in partnership with the REALTORS® Relief Foundation (RRF) and New York State Association of REALTORS® (NYSAR), is providing an opportunity for housing assistance to New York State residents adversely