On November 4, 2024, New York City enacted the "Safe Hotels Act" (Int. 0991-2024). This law mandates that all new and existing hotels in New York City obtain a license to operate their businesses....more
As part of Mayor Eric Adams' "Get Stuff Built" initiative to increase housing supply and reduce regulatory constraints on new development, the New York City Planning Commission approved the Green Fast Track for Housing Rule...more
8/14/2024
/ Department of Environmental Quality ,
Environmental Review ,
Exemptions ,
Expedited Approval Process ,
Housing Developers ,
Housing Market ,
Land Use Restrictions ,
Local Ordinance ,
Municipalities ,
New Rules ,
Real Estate Development ,
Residential Real Estate Market ,
Zoning Laws
In 2019, New York City enacted Local Law 97 (LL 97), which requires building owners to drastically reduce greenhouse gas emissions by 2024 or face hefty fines. Since LL 97 was enacted, the world has changed dramatically, with...more