News & Analysis as of

Real Estate Development Regulatory Reform New York

Cole Schotz

NYC City Council Takes Steps to Reduce Impact of Sidewalk Sheds

Cole Schotz on

Our last post described the changes driven by the New York City Council in its effort to reduce the number and duration of sidewalk sheds found across the city. In addition to the sheer number of sheds in place at any given...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

Hinckley Allen

Private Construction Projects Impacted by Changes to NY Prompt Payment Act

Hinckley Allen on

Governor Hochul signed Senate Bill 3539, amending Section 756-a and Section 756-c of the New York General Business Law – better known as the Prompt Payment Act (“PPA”). Because the law can override portions of construction...more

Farrell Fritz, P.C.

Governor Hochul’s Ambitious Statewide Strategy to Address New York’s Housing Crisis

Farrell Fritz, P.C. on

As part of her 2023 State of State address, Governor Kathy Hochul announced a statewide strategy to address New York’s housing crisis by building 800,000 new homes over the next decade. The plan, dubbed as the “New York...more

Goulston & Storrs PC

Governor Kathy Hochul Proposes New York State Housing Compact

Goulston & Storrs PC on

On January 10, New York Governor Kathy Hochul announced The New York Housing Compact, a series of proposals to grow the housing stock across New York State. The Compact aims to build 800,000 new homes statewide over the next...more

Akerman LLP

Housing Our Neighbors: A Blueprint for Housing and Homelessness

Akerman LLP on

On June 14th, 2022, New York City Mayor Eric Adams released his much-anticipated housing plan entitled “Housing Our Neighbors: A Blueprint for Housing and Homelessness.” In his announcement, Mayor Adams outlined his...more

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