Brokerages may show properties, under regulation, as part of Phase 2 reopening. On June 22, 2020, New York City officially entered Phase 2 of the State’s COVID-19 reopening plan. In addition to the opening of in-person retail and sidewalk seating for restaurants, the real estate industry was a key industry permitted to reopen. This applies to residential property management companies, real estate brokers, building inspectors, appraisers and related building operators.
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City Announces Affordable Housing Tool Amid Gap in Capital Budget
NYC Housing Connect tool intends to make affordable housing searches a more user-friendly experience. On June 16, 2020, New York City Mayor Bill de Blasio announced the launch of “NYC Housing Connect,” an online tool for finding and applying for affordable housing. The new system provides upgrades from its predecessor through a collaborative effort by the Department of Housing Preservation and Development, user-design experts and collected public feedback.
City Council Intends to Aid Property Owners with Two Tax Deferment Bills
Public Hearing hinges on interest rates and how property tax deferments affect the City budget. On June 18, 2020, the City Council officially introduced two bills that would defer July 1, 2020, property tax liabilities for COVID-19 impacted property owners. One bill addresses the tax liabilities of primary residences and the other addresses the tax liabilities of businesses affected by the pandemic. The bills were originally heard as preconsidered bills at the June 10, 2020, … <Read More>
Mayor Directs DOT to Administer Open Restaurants Plan Ahead of Phase 2 Reopening
Today marks NYC’s official Phase 2 reopening. On June 22, 2020, New York City officially entered Phase 2 of the State’s COVID-19 reopening plan. In preparation for the reopening, Mayor Bill de Blasio signed an executive order directing the Department of Transportation, with aid from the Department of Health and Mental Hygiene and the Department of Small Business Services, to administer the “Open Restaurants” plan. The Open Restaurants plan will generally permit restaurants and bars … <Read More>
Airbnb and City Settle Lawsuit About Reporting User Information
Questions about transient use and multiple dwelling law linger after City and Airbnb’s settlement. On June 12, 2020, Mayor Bill de Blasio and Airbnb announced a settlement of their lawsuit regarding Local Law 146 of 2018. Local Law 146 of 2018 requires users of short-term rental platforms, like Airbnb, to file reports with the City detailing individual host and transaction information. In their initial filings, Airbnb and the other associated parties expressed concern about data … <Read More>
NYC Mayor Lifts Curfew Before Legal Challenges
Curfew lawsuit filed in Los Angeles, but not necessary in New York City. On June 1, 2020, New York Governor Andrew Cuomo and Mayor Bill de Blasio collectively instituted a citywide curfew following four evenings of protests, which although mostly peaceful, included some instances of chaotic behavior which resulted in vandalism and property damage. The protests were in response to the death of George Floyd, police brutality, and racial injustice. George Floyd’s killing while in … <Read More>