NYC Housing Policy Update
Two recent developments at City Hall highlight the ongoing tension between housing affordability goals and policies that risk disrupting the
NEW YORK—Most private construction in New York State, including major development projects in New Rochelle, Yonkers and White Plains,
NEW ROCHELLE—RXR Realty announced on March 31 that the Louis R. Cappelli Foundation had pledged $200,000 to RXR’
LOUDONVILLE, NY—New Yorkers overwhelmingly approve of the job Governor Andrew Cuomo is doing to address the coronavirus pandemic, 87%
ALBANY—Gov. Andrew Cuomo ordered the closure of all offices for non-essential businesses on March 20 and indicated that all
NEW YORK—Landlord agents can continue to collect commissions or brokerage fees from landlords at least until June 12. The
WASHINGTON—Existing-home sales climbed substantially in February after a slight decline in January, according to a report released by the
WASHINGTON—Nearly half of Realtors—48%—said home buyer interest had decreased due to the coronavirus outbreak, according to a
WHITE PLAINS—A panel of veteran Hudson Valley commercial real estate brokers agreed that the commercial office and industrial markets
ALBANY—The New York State Association of Realtors posted online the latest guidance regarding the regulations impacting the real estate
WASHINGTON—The U.S. Department of Housing and Urban Development has awarded more than $3 million to fair housing organizations
NEW YORK— The Long Island Board of Realtors, Inc. and the Hudson Gateway Association of Realtors, Inc. announced on March
ALBANY—The New York State Department of Financial Services announced on March 24 the issuance of an emergency regulation requiring
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