Deal Near in Albany on Extension of Rent Regulation

Framework of extension deal includes rent regulation, 421-a.  On June 23, 2015 Governor Andrew Cuomo, joined by Assembly Speaker Carl Heastie and Senate Majority Leader John Flanagan, announced the framework of a deal on extending rent-regulation protections for New York City.  The laws expired on June 15, and the Legislature temporarily extended its session until June 23 to allow time for working on a longer-term solution.


City Council Holds Oversight Hearing on Short-Term Rentals

Eight-hour hearing covered testimony from supporters and opponents of short-term rental businesses.  On January 20, 2015, the City Council Committee on Housing and Buildings held an oversight hearing on the effects of short-term rentals on New York City’s economy and neighborhoods.  Over the course of eight hours, the committee heard testimony from independent tenants, representatives from the Mayor’s Office of Special Enforcement, the home-sharing website Airbnb, owners of local bed-and-breakfasts, and members of … <Read More>