New Zoning Rules Adopted to Protect Coastal Areas from Climate Change

The citywide zoning changes will help to keep New York City coastal residents and businesses more prepared for climate change. On May 12, 2021, Mayor de Blasio announced new zoning rules to help protect homes and business located in New York City’s floodplain from climate change. The Zoning for Coastal Flood Resiliency, approved by the City Council earlier that day, helps to withstand and recover from major disasters and rising sea levels.


City Announces Play Streets Initiative and Open Streets Changes

The Open Streets and the new Play Streets initiatives encourage New Yorkers to go outside. On July 24, 2020, Mayor Bill de Blasio announced Play Streets, an initiative provided by the City, the Fresh Air Fund, Building Healthy Communities, and the Police Athletic League to provide children with fun, socially-distant outdoor activities on twelve Open Streets throughout the City. The Open Streets initiative provides more outdoor space for pedestrians and cyclists by limiting vehicular traffic … <Read More>


UPDATED: Parks Department Closes Some Facilities, Mayor and Governor Announce Rule Changes in Coronavirus Response

Team sports are prohibited and recreation centers are currently closed to the public, but parks remain open. City and State governments continue the fight to control the spread of the coronavirus, instituting policies to encourage and enable as many people to stay at home as possible. Understanding the challenges of asking citizens to spend as much time as possible indoors as the weather continues to improve, the City aimed to keep City parks open as … <Read More>


REBNY Challenges Department of State’s Memo Prohibiting Broker’s Fees

Real estate community in state of confusion over 2019 Rent laws. On February 10, 2020, the Real Estate Board of New York Inc. (“REBNY’”), the New York State Associations of Realtors (“NYSAR”) and a host of residential real estate brokerages were granted a temporary restraining order, blocking the New York State Department of State’s guidance on broker commissions. The TRO comes in conjunction with their Article 78 filing seeking to invalidate the memorandum’s entire section … <Read More>


De Blasio Administration Changes Affordable Housing Credit Check Rules

New Yorkers applying for affordable apartments now have the choice to avoid credit checks. On August 21, 2019, the Department of Housing Preservation and Development and the Housing Development Corporation announced major changes to Housing Preservation and Development’s affordable housing lottery application. The expanded guidelines will increase access for more New Yorkers to qualify for affordable housing. This change will have an immediate impact for some of the most vulnerable New Yorkers. Besides offering the … <Read More>


EVENT ANNOUNCEMENT: Seismic Shifts or Natural Progression? Recent Changes in NYC Real Estate – CRES Breakfast Forum Series

Breakfast Forum: “Seismic Shifts or Natural Progression? Recent Changes in NYC Real Estate

 

Featuring

Louise Carroll, Commissioner, NYC Housing Preservation and Development

Lisa Gomez, Chief Operating Officer and Partner, L+M Development Partners Inc.

Brenda Rosen, CEO of Breaking Ground

James Whalen, President of the Real Estate Board of New York (REBNY)

Moderator 

Ross F. Moskowitz ’84, Partner, Stroock & Stroock & Lavan LLP

DATE

Thursday, September 19, 2019