As of June 11, 2025, the Fairness in Apartment Rental Expenses (FARE) Act, also known as Local Law 119 of 2024, is in effect after being upheld in court. The law significantly shifts how broker fees are handled in New York...more
6/19/2025
/ Apartments ,
Broker Commissions ,
Brokers ,
Constitutional Challenges ,
Consumer Protection Laws ,
Enforcement ,
Fees ,
Free Speech ,
Landlords ,
New Legislation ,
New York ,
Penalties ,
Real Estate Transactions ,
Regulatory Requirements ,
Tenants
Effective January 1, 2025, New York City’s Fair Chance for Housing Act became law. The Fair Chance for Housing Act is designed to eliminate barriers for individuals with criminal conviction histories seeking housing. The...more
2/18/2025
/ Affordable Housing ,
Anti-Discrimination Policies ,
Civil Rights Act ,
Criminal Background Checks ,
Discrimination ,
Fair Housing Act (FHA) ,
Housing Developers ,
Housing Market ,
Landlords ,
New Legislation ,
New York ,
Property Owners ,
Regulatory Requirements ,
Residential Property Owners ,
Tenants
In the midst of the global COVID-19 (Coronavirus) pandemic, some New York building owners are breathing a collective sigh of relief after securing a hard-fought victory in the New York Court of Appeals. On April 2, 2020, the...more
As the hours count down before the laws governing New York City’s rent-regulated apartments are due to expire, the New York Senate and Assembly have come to an agreement on permanent and far-reaching reforms which affect...more