New York State Legislature


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From left: Senate Leader Andrea Stewart-Cousins, Assembly Speaker Carl Heastie, and Gov. Kathy Hochul (Getty, Illustration by Kevin Rebong for The Real Deal)

Real estate winners and losers: state budget edition

For once, landlords and tenants can commiserate together: They both lost big in the state budget. Various measures they...

Real estate winners and losers: state budget edition
Gov. Kathy Hochul (iStock, Getty)

Lawmakers propose rent relief but omit 421a

Albany is a land of mixed blessings. Real estate was reminded of that as lawmakers laid out budget priorities that included more rent aid and housing vouchers but no 421a tax break or density...

Lawmakers propose rent relief but omit 421a
Assemblymember Emily Gallagher and Sen. Brad Hoylman (Getty, iStock)

Lawmakers seek to unmask property owners behind LLCs

As officials call for action against Russian oligarchs who own real estate in New York City, state lawmakers are...

Lawmakers seek to unmask property owners behind LLCs
Governor Kathy Hochul (Getty, iStock)

Hochul, legislature call emergency session on evictions

When the Supreme Court voided President Biden’s federal eviction moratorium Thursday, Gov. Kathy Hochul kicked New York’s tenant protection...

Hochul, legislature call emergency session on evictions
Gary LaBarbera, Sen. Salazar and Sen. Gianaris (Getty)

Real estate winners and losers of the legislative session

The legislative session is over — for now. Several real estate–related measures passed, including a bill encouraging the conversion...

Real estate winners and losers of the legislative session
Senate Deputy Majority Leader Michael Gianaris (Getty, iStock)

Lawmakers race to allow commercial-to-resi conversions

The state Senate is taking another shot at making it easier to convert distressed hotels and office buildings into...

Lawmakers race to allow commercial-to-resi conversions

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