The first compliance period under New York City’s Local Law 97 (LL97) begins on January 1, 2024, and a January 2023 REBNY-commissioned study concluded that over 3,700 properties could be out of compliance and face over $200...more
On Monday, July 15, 2019, a group of industry trade associations and building owners filed a federal lawsuitnaming the City of New York, Rent Guidelines Board (RGB), and a number of state and local officials as defendants,...more
On Friday afternoon, June 14, 2019, New York Gov. Andrew Cuomo signed into law Senate Bill S6458, also known as the “Housing Stability and Tenant Protection Act of 2019” (the new “Rent Regulations”), after the bill passed the...more