News & Analysis as of

New Legislation Mayors Affordable Housing

Cozen O'Connor

New York Note: Final Mayoral Debate, City Legislation, FARE Act

Cozen O'Connor on

Mayoral Candidates Debate as Early Voting Opens - In the final Democratic mayoral debate, Andrew Cuomo and Zohran Mamdani debated over experience and ethics. Cuomo, Mamdani, Brad Lander, Adrienne Adams, Zellnor Myrie, Scott...more

Cozen O'Connor

Broad Street Brief: City Council Passes FY26 Budget, HOME Bills

Cozen O'Connor on

City Council Passes FY26 Budget, HOME Bills- During their final meeting before summer recess, the City Council passed a staggering 58 bills, including the FY26 Capital and Operating Budgets, business and wage tax cuts, and...more

Cozen O'Connor

Broad Street Brief: FY26 Budget Negotiations Entering HOME Stretch

Cozen O'Connor on

FY26 Budget Negotiations Entering HOME Stretch - Thursday marks the final opportunity for the City Council to advance bills—including those tied to Mayor Cherelle Parker’s $6.7 billion proposed budget and Housing...more

Sheppard Mullin Richter & Hampton LLP

City Council says Yes to the City of Yes for Housing Opportunity

Yesterday, the City Council (by a vote of 31 to 20) approved the modified City of Yes for Housing Opportunity text amendment (COYHO), which aims to combat the housing crisis by making it possible to build a little more...more

Cozen O'Connor

New York Note: Adams Indictment, City of Yes, City Legislation, Trailblazers in Real Estate

Cozen O'Connor on

Adams Pleads Not Guilty to Five Felony Charges- On Friday afternoon, Eric Adams pleaded not guilty to five felony counts, including bribery and fraud. Adams has been accused of receiving over $100K in illegal gifts and...more

Cozen O'Connor

New York Note – Nonprofits, City Legislation, Rent Guidelines Board

Cozen O'Connor on

Mayor Adams has appointed a new Executive Director of the Mayor’s Office of Nonprofit Services, Johnny Celestin. Celestin most recently served as Deputy Director for the Mayor’s Office of Minority- and Women-Owned Business...more

Cozen O'Connor

New York Note – City Legislation, DASNY President, Willets Point

Cozen O'Connor on

Last Thursday, the NYC Council convened a Stated meeting, where they passed and introduced multiple pieces of legislation. The Council passed legislation prohibiting provisions in employment agreements that shorten the period...more

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