News & Analysis as of August 18, 2025

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

Jones Day on 7/18/2025

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

Additional Real Property Tax Relief for Certain Senior Housing Properties in Nassau County Signed into Law

Farrell Fritz, P.C. on 9/26/2024

New York State Governor Kathy Hochul signed NYS Senate Bill 8647 (Martins)/Assembly Bill 10355 (Stern) into law this week....more

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New York › Regulatory Reform › Real Estate Market

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

Additional Real Property Tax Relief for Certain Senior Housing Properties in Nassau County Signed into Law

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