With the full legislature and governor facing re-election in 2026, HGAR and NYSAR are already preparing for what could be a watershed year for housing policy.
The NYC Rent Guidelines Board voted to approve rent increases of 3% for one-year leases and 4.5% for two-year leases on rent-stabilized apartments.
NAR successfully secured its top five priorities in the final package.
Last year, she completed the association’s Leadership Accelerator Program, which she credits for helping her to become a board member.
At present, Taylor has been working on Genting’s proposal to convert its Resorts World New York City racino into a fully licensed gaming facility.
The council successfully negotiated commitments from the Adams administration to invest $498.5 million for improvements to the surrounding neighborhoods.
The new rules mean sellers still have the choice of offering compensation to buyer brokers, which can serve as a way of marketing the home or making the listing more attractive to buyers.
All of the affordable apartments in El Hogar will be available to senior households earning up to 40% of the Area Median Income.
The changes of particular concern and interest to the ABG and its members are the proposed reduction in freshwater wetlands protection from the current 12.4 acres to 7.4 acres.
According to a cost benefit analysis prepared for the LDC, the renovations project would generate a one-time sales tax revenue of $45,973 and $5.2 million in sales tax revenue over a 30-year period.
The Northeast PHSI rose 3.0% from last month to 65.5, a decline of 0.3% from June 2023.
The Critical Care Tower at Westchester Medical Center will house several notable services, including advanced cardiac, neuroscience, oncology, and surgical specialty care.
The new resources are all available on facts.realtor, NAR's centralized website for information on the settlement.
The capital funding provided to the Metropolitan Transportation Authority will be earmarked towards the utility relocation contract for Phase 2 of the expansion project, which will deliver subway service to residents of East Harlem.
While Gov. Hochul vowed to provide funding to adequately finance MTA projects, at press time no firm plans have been released.
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