Blog

The Board of Regents will hold its next meeting on September 9 and 10. The Senate Codes Committee will hold a public hearing on Implementation of Discovery Reform (S1509 – Part LLL) on September 9. JCOPE will hold its next meeting on Tuesday, September 10. A Joint Legislative Commission on Rural Resources and Assembly Standing Committee on Local Governments public hearing on rural broadband […]

https://therealdeal.com/2019/08/27/new-nyc-rent-law-beginning-to-shut-down-investment/ July is almost always a sluggish month for real estate deals in New York, but even by those standards, this was an extremely slow July. And many brokers and analysts believe the new rent law in New York is the main culprit. The city saw about $357 million worth of apartment building deals across […]

Governor Cuomo signed legislation (S.88/A.3002) requiring industrial development agencies to live stream in real-time and post video recordings of all open meetings and public hearings. The video recordings must be posted online within five business days of the meeting or hearing and remain available for at least five years. Governor Cuomo said: “Industrial development agencies are tasked […]

Governor Cuomo signed legislation (S.6536/A.8318) restoring the six-year statute of limitations under the Martin Act. The Martin Act gives the New York Attorney General broad powers to investigate and bring civil or criminal actions for fraudulent securities practices. Unlike the requirements for a plaintiff proving fraud under New York common law, the Attorney General does […]

This week, Governor Cuomo issued a letter to the Department of Public Service in response to reports of National Grid refusing service to certain gas customers. Earlier this year, due to supply constraints, National Grid imposed a moratorium on all new natural gas service in parts of Brooklyn and Long Island. The Governor’s letter directed the department […]

This week the Governor signed a large batch of bills into law. Most of the batch of bills were local tax extenders or non-controversial chapter amendments. The bills signed include the following: Chapter 187 (S.4070b/A.2577b) – Requires the commissioner of education to make recommendations to the board of regents relating to instruction on preventing child sexual […]

City & State NY’s Winners and Losers here. Second Judge strikes down outside income ban on New York lawmakers.

A Joint Assembly and Senate public hearing on the electric power system reliability will be held on September 3. The Board of Regents will hold its next meeting on September 9 and 10. The Senate Codes Committee will hold a public hearing on Implementation of Discovery Reform (S1509 – Part LLL) on September 9. JCOPE will hold its next meeting on Tuesday, September 10. […]

Governor Cuomo today announced a new grant program to develop life science entrepreneurial talent in New York State. This competitive grant will award up to $550,000 to qualified New York graduate schools of business, working in collaboration with medical schools or graduate programs in the life sciences, biomedical engineering or bioinformatics, to plan, develop and implement a […]

Governor Cuomo announced the nomination of Eric Gertler to serve as President and CEO of Empire State Development (ESD), New York State’s economic development agency. Mr. Gertler, who is currently the Executive Chairman of U.S. News & World Report and has been on the board of ESD since June 2018, will assume his role effective September 3, […]