News & Analysis as of

New York Tenants New Legislation

Cole Schotz

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

Cole Schotz on

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

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

Cole Schotz

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

Cole Schotz on

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

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

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

Cozen O'Connor

Coops Now Exempt from the 2019 Housing Stability and Tenant Protection Act

Cozen O'Connor on

On December 22, 2021, Governor Hochul signed into law legislation that exempts most private cooperatives (coops) from the 2019 Housing Stability and Tenant Protection Act (HSPTA). In our September 5, 2019 Alert, we...more

Cadwalader, Wickersham & Taft LLP

Bring On Q4 - September 2021 - COVID-19 Update: New York Governor Signs New Moratorium Effective until January 15, 2022

On September 2, 2021, New York Governor Kathy Hochul signed into law a new moratorium on evictions and foreclosures for residential tenants and small businesses. Recently, in the case Chrysafis v. Marks, the U.S. Supreme...more

Cadwalader, Wickersham & Taft LLP

COVID-19 Update: New York Governor Signs New Moratorium Effective until January 2022

On September 2, 2021, New York Governor Kathy Hochul signed into law a new moratorium on evictions and foreclosures for residential tenants and small businesses.  Recently, in the case Chrysafis v. Marks, the U.S. Supreme...more

Perkins Coie

The U.S. Supreme Court Partially Enjoins Enforcement of New York’s Eviction Moratorium

Perkins Coie on

Eviction moratoria are increasingly challenged in the courts. On August 12th, the U.S. Supreme Court issued an order partially enjoining enforcement of New York’s COVID-19 Emergency Eviction and Foreclosure Prevention Act of...more

Harris Beach Murtha PLLC

Help or Harm? New Legislation Aimed at Helping Tenants and Borrowers Impacted by COVID Causes Concern for Landlords and Lenders

In his recent State of the State Address, New York Governor Andrew Cuomo indicated a desire to stay mortgage foreclosures, commercial evictions and foreclosures through May 1, 2021. On March 9, 2021, the Governor’s desires...more

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