New York City's hotels are a critically important component of the city's tourism and business industries. However, on July 18, 2024, 26 members of the New York City Council introduced Int. 991-2024 (Int. 991) without meeting...more
8/9/2024
/ Change in Control ,
Corporate Branding ,
Employer Mandates ,
Hotels ,
Licenses ,
Licensing Rules ,
Local Ordinance ,
Management Contracts ,
Operational Permits ,
Proposed Legislation ,
Rulemaking Process ,
Tourism ,
Wage and Hour
The New York Senate on Jan. 4, 2023, introduced the Good Cause Eviction Bill, S-305 (Bill), which effectively is written as a statewide rent control measure that impacts all housing not already subject to state rent control...more
Legislation to impose a tax on the creation of mezzanine debt and preferred equity was reintroduced on Jan. 4, 2023, in the last two sessions of the New York state legislature, by the same state senators who proposed it...more
Twenty-four members of the New York State Senate on Jan. 27, 2021, introduced S-3082, and 43 members of the New York State Assembly on Feb. 19, 2021, introduced A-5573 (collectively, the bills), which would preclude the...more
3/4/2021
/ Condominiums ,
Eviction ,
Good Cause ,
Hotels ,
Landlords ,
Proposed Legislation ,
Rental Property ,
Residential Leases ,
Residential Real Estate Market ,
Sub-Tenants ,
Tenants