LEGISLATIVE AFFAIRS: August Legislative Update

August 9, 2021

Eviction Moratorium Saga Continues, Cold Calling Ban, Co-Op Transparency Law in Effect The tenant eviction moratorium has gone back and forth. The U.S. Supreme Court ruled that it was unconstitutional, but also ruled that it could remain in place until it expired in July. Most recently, based on pressures from tenant advocacy groups, the administration…

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LEGISLATIVE AFFAIRS: July Legislative Update

July 28, 2021

It is now the end of July, and the COVID rental assistance has not yet been processed by Gov. Andrew Cuomo. To date, New York is only one of two states that has not released its COVID rental funding assistance to tenants and landlords. This has exacerbated an already dire situation for those tenants unable…

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LEGISLATIVE AFFAIRS: Now is the Time for the State to Act on Co-Op Reform

July 6, 2021

This past HGAR scored a big victory on Co-op transparency legislation and fair housing. The Westchester County Board of Legislators passed, and County Executive George Latimer signed a bill mandating co-ops provide a reason in writing to buyers if they are rejected by a co-op board from the purchase of a co-op. They also must…

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Department of Justice Withdraws from Settlement with NAR; Promises ‘Broad’ Investigation of NAR’s Rules and Conduct

July 2, 2021

WASHINGTON—The U.S. Department of Justice announced on July 1 it was withdrawing from a settlement it had reached with the National Association of Realtors last November in order “to permit a broader investigation of NAR’s rules and conduct to proceed without restriction.” The U.S. Justice Department has also filed to voluntarily dismiss its complaint against…

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BARRISTER'S BRIEFING: The End of the State of Emergency: So Now What?

June 28, 2021

The New York State of Emergency effectively ended on June 24, 2021. With its ending, many of the regulations enacted by the governor ended as well. We’ve been waiting for this emergency to end for over a year. So now with the ending of the emergency and a transition back to what is “normal,” Realtors…

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LEGAL CORNER: Recent Ransomware and Cyber Attacks: The Real Estate Industry Must Beware!

June 18, 2021

Recent ransomware attacks and major hacks have thrust into the spotlight the importance of businesses, including those in the real estate industry, having the necessary protocols and protections in place to protect themselves and their clients from cybercriminals. During the COVID-19 pandemic there has been a substantial rise in cybercriminal activity. The recent ransomware attacks…

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LEGISLATIVE AFFAIRS: June Legislative Update

June 1, 2021

The Westchester County co-op transparency bill has finally had a public hearing. The number of speakers who came out in support of the bill outnumbered the naysayers by a 3 to 1 margin. The arguments against the bill were ones we had heard many times before and easily disputed. Opponents said that the bill, if…

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LEGISLATIVE AFFAIRS: May Legislative Update

May 11, 2021

At the federal level Realtors have won a huge victory. The CDC moratorium on evictions, which has caused people to avoid paying rent, has been struck down. The decision does not affect the moratorium in New York State. This will still go through the appeals process, but for now it is the beginning of a…

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LEGAL CORNER: The State of Eviction and Foreclosure Bans in New York and at Federal Level

May 11, 2021

On May 4, 2021, Gov. Andrew Cuomo signed legislation (see extending the statewide ban on certain residential and commercial evictions and foreclosures in New York. The bill extends the COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020 and the COVID-19 Emergency Protect Our Small Businesses Act. The legislation extends protections prohibiting residential and…

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BARRISTER'S BRIEFING: Get the Proof: Ensuring Your Offer is Presented

April 12, 2021

People are out and ready to buy. Offers are coming in by the boatload. Highest and best is the order of the day. Today, the market is hot and, as a result, I am getting calls and e-mails about the presentation of offers. Sometimes concern arises after a cooperating agent learns that the listing broker…

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LEGISLATIVE AFFAIRS: April Legislative Update

April 6, 2021

As the year goes flying by a great deal has been happening at the state and federal level. At the federal level, the PPP deadline has been extended by Congress. This will help assist many businesses who are in line more time to apply for and receive much needed funds to stay afloat. The American…

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LEGAL CORNER: Antitrust Issues are Back in the Spotlight

March 12, 2021

The following occurrences all highlight the importance of real estate licensees having a working knowledge of antitrust laws and dangers associated with any violation of antitrust laws: the recent antitrust lawsuits in the real estate industry, the focus on large technology and social media companies by Congressional leaders, the Department of Justice antitrust lawsuit and…

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