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Property Owners › New York › Penalties

Alston & Bird

New York State Restricts Institutional Investor Purchases of Residential Real Estate

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In an effort to increase housing affordability, New York State has implemented new regulations limiting institutional investor purchases of single- and two-family residences. Our Investment Funds Team breaks down who is...more

Cole Schotz

NYC City Council Takes Aim at Overabundance of Sidewalk Sheds

Cole Schotz on

That New York City, in particular Manhattan, is awash in sidewalk sheds is news to no one. This spring, the New York City Council passed several new bills with the intention of curtailing the number of sheds, as more than...more

Chartwell Law

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

Chartwell Law on

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

Tarter Krinsky & Drogin LLP

NYC Sidewalk Shed Reform Legislation Brings Major Impacts to Property Owners

Tarter Krinsky & Drogin LLP on

On March 26, 2025, the New York City Council passed sweeping legislation aimed at overhauling the long-standing rules around sidewalk sheds. The new legislation is intended to reduce the number of sidewalk sheds lingering on...more

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