REBNY Allowed To Sue City Over Hotel Conversion Law

New law would hinder hotel conversions to residential use. On June 2, 2015, New York City adopted Local Law 50, placing a prohibition on owners of hotels with 150 or more sleeping units from converting more than 20 percent of their hotel space to full-time residential uses. The law is based on City findings that such conversions were adversely impacting the City’s multi-billion-dollar tourism industry, as well as hotel employment. The purpose of the prohibition … <Read More>


Mayor Announces Advisory Commission on Property Tax Reform

Advisory commission will conduct comprehensive review of property tax system. On May 31, 2018, Mayor De Blasio announced the formation of an advisory commission to develop recommendations to reform the City’s property tax system. The reform aims to make the property tax system simpler, clearer, and fairer, as well as ensure that there is no reduction in revenue used to fund essential City services. The property tax system has not had an in-depth review by … <Read More>


Council Introduces Legislative Package To Eliminate Lead Poisoning In Housing

City Council bills target lead levels. On May 10, 2018, Speaker Corey Johnson and 19 City Council Members introduced a package of 23 bills to eliminate lead poisoning in the five boroughs. The package of bills, the largest lead laws since 2004, seeks to strengthen, expand, and establish new protections on the city’s lead laws.


Crane Operator Involved in 2016 TriBeCa Collapse Has License Permanently Revoked

After judge finds operator at fault of fatal collapse, agency revokes license. On May 2, 2018, the Department of Buildings announced it permanently revoked the Hoist machine Operator license of crane operator Kevin J. Reilly. Reilly was involved in the fatal crane collapse in February 2016 on Worth Street in TriBeCa adjacent to New York Law School. Reilly’s license was suspended in December 2016 and DOB filed an action to permanent revocation. CityLand previously covered <Read More>