News & Analysis as of

New York Landlords

Rivkin Radler LLP

July 2025 New York Insurance Coverage Law Update

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A pedestrian tripped and fell on a public sidewalk in front of a multi-unit premises owned by 1995-2003 Jerome Avenue. The injured claimant filed a bodily injury action against Jerome Avenue and Pawnit Jerome Corp., a lessee...more

Jones Day

New York Legislature Targets Real Estate Lenders To Lower Rents

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In an effort to protect small businesses from high rents, on June 13, both houses of New York's legislature passed a bill, S1163, that prohibits "rent minimums" in real estate secured loan documents. As of this writing, this...more

Jones Day

New York Legislature Passes Bill Banning Rent Minimum Provisions in Real Estate Loan Documents

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On June 13, both houses of New York's legislature passed a bill, S1163, that prohibits "rent minimums" in real estate secured loan documents....more

Cole Schotz

FARE Act Now in Effect: What NYC Renters and Landlords Need to Know

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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

Cozen O'Connor

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

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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

Harris Beach Murtha PLLC

Cannabis Real Estate: Gating Issues in Retail Dispensary Site Selection

New York State legalized the use, sale, and production of recreational cannabis on March 31, 2021, by way of the Marijuana Regulation and Taxation Act (MRTA). As of May 2025, New York State has issued more than 1,600 licenses...more

Chartwell Law

NYC’s Lead Laws: What Property Owners Need to Know About Lead-Based Paint Obligations Ahead of August 2025

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New York City’s Childhood Lead Poisoning Prevention Act—commonly known as Local Law 1 of 2004—sets forth strict requirements for property owners to protect tenants from lead-based paint hazards. Under this law, any multiple...more

Goldberg Segalla

The Expansion of Dog Owner Liability in New York

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In a landmark decision likely to have wide-ranging implications for premises liability claims and insurance defense litigation, the New York Court of Appeals, the state’s highest court, has upended decades of precedent in its...more

McGlinchey Stafford

Court Enjoins Landlord from Reporting Withheld Rent Payments to Credit Reporting Agencies

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On March 11, 2025, the New York County Civil Court issued an injunction under the New York Fair Credit Reporting Act (NYFCRA) barring a landlord from reporting to the credit reporting agencies (CRAs) the withheld rent...more

Seyfarth Shaw LLP

New York State Amends 2024 Bed Bug Disclosure Law

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New York’s bed bug disclosure law, Real Property Law § 235-j, has been amended to provide landlords and lessors additional time to comply with the law’s disclosure requirements and to limit the tenants and lessees entitled to...more

Cole Schotz

Fair Chance for Housing Act: What NYC Housing Providers Need to Know

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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

Harris Beach Murtha PLLC

“Good Cause” Eviction Law passed in the City of Rochester

The City of Rochester recently became the largest city in New York outside of New York City to adopt “Good Cause” eviction protections in its local law. The enhanced rental protections include limitations on rent increases...more

Seyfarth Shaw LLP

Jingle Bells, Bed Bug Tells: New Bed Bug Disclosure Law Goes Into Effect December 22, 2024

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Starting December 22, 2024, New York’s Real Property Law (RPL) will be amended to include requirements for residential landlords/lessors to inform their tenants of a bed bug infestation....more

Moritt Hock & Hamroff LLP

MHH Condo/Co-op Digest Vol. XIV, December 2024

This newsletter explores the emerging legal topics and issues affecting the condominium and cooperative services industry. Thought-leading attorneys from Moritt Hock & Hamroff’s Condominium and Cooperative Services Practice...more

Katten Muchin Rosenman LLP

New York City Council Puts an End to the Payment of Brokers' Fees by Residential Tenants - Landlords May Get Stuck with the...

On November 13, 2024, the Fairness in Apartment Rentals Act (FARE) (the Bill) was approved by the New York City Council (City Council) prohibiting the imposition or collection of any fee or commission for the rental of...more

Davidoff Hutcher & Citron LLP

Sparks Fly: The E-Bike Ban Tango in New York City Apartments

The integration of e-bikes and e-scooters into the urban fabric of New York City has raised questions about the potential risks they pose within the confines of multi-unit apartment buildings. Landlords, tasked with ensuring...more

Cozen O'Connor

Good Cause Eviction Law and What Coops and Condos Need to Know

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Commencing on August 18, 2024, all owners of residential properties in the State of New York must add a new notice to their residential leases. This includes cooperatives (coops) and condominiums (condos). On January 17,...more

Rivkin Radler LLP

New York Insurance Coverage Law Update - May 2024

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Lost Business Income Not Covered Because Not Caused by Direct Physical Loss Or Damage, Third Department Finds- 87 Uptown Road, LLC owned an apartment complex with 11 apartment buildings in Ithaca, New York, which were...more

Cole Schotz

Navigating the NYS 2024/2025 Executive Budget and Its Impact on NYC Multifamily Housing (Part 3 of 4)

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New York recently adopted the Affordable Neighborhoods for New Yorkers (ANNY) Tax Incentive and the Affordable Housing from Commercial Conversions (AHCC) Tax Incentive programs, as well as a host of other new and modified...more

Tarter Krinsky & Drogin LLP

New Legislation Affecting New York’s Rental Market: The Good Cause Eviction Law

As part of the 2025 Fiscal Year budget, Governor Kathy Hochul signed into law significant legislation affecting the New York City and State rental market, which is highlighted below: Good Cause Eviction Law- As of April...more

Sheppard Mullin Richter & Hampton LLP

SCOTUS Declines to Review New York City’s Rent Stabilization Law

New York City’s rent-related laws have once again survived judicial scrutiny, and evaded Supreme Court review. In 74 Pinehurst LLC v. New York, a group of New York City landlords (“Petitioners”) filed suit in the District...more

Blank Rome LLP

New York Court Decision Disrupts “Good Guy Guaranty” Liability Limitations

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In the New York commercial leasing world, and in almost every privately-owned restaurant lease, the well-known “Good Guy Guaranty” is abundantly common. However, a decision by a judge in the Supreme Court for New York County,...more

Jackson Lewis P.C.

New York City Law Against Body-Size Discrimination: What the Residential Real Estate Industry Needs to Know

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New York City’s legislation amending the New York City Human Rights Law, Local Law 61 of 2023, prohibits discrimination based on a person’s height or weight in employment, housing, and public accommodations. The new law took...more

Sheppard Mullin Richter & Hampton LLP

New York’s Rent Stabilization Laws Are Here to Stay, For Now At Least…

New York’s rent stabilization laws, amended in 2019, are arguably the most stringent in the country. Challenges to New York’s rent regulations are not new, and come from both sides of the aisle, tenants and landlords alike....more

Jackson Lewis P.C.

New York Source-of-Income Antidiscrimination Statute Deemed Unconstitutional

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The source-of-income antidiscrimination statute in the New York State Human Rights Law (NYSHRL) is unconstitutional as it violates the Fourth Amendment of the U.S. Constitution, New York State Supreme Court Judge Mark G....more

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