Weekly Report

Weekly Report for November 26, 2021

NYSAR’s Legislative Steering Committee meets to oppose pair of NYC bills
This week, NYSAR’s Legislative Steering Committee took action to direct NYSAR to oppose a pair of bills before the New York City Council. The first bill (Int. 2317) would ban the use of fossil fuels, including natural gas, in any new residential and commercial construction in New York City. Mayor Bill de Blasio has expressed his support for the bill. The second bill being opposed (Int. 1977) would establish a right of first opportunity to purchase residential buildings at list price for qualified not-for-profit organizations certified with NYC’s Department of Housing Preservation and Development (HPD) before a building is offered for sale to the public. Owners of residential buildings with 3 or more rental units would be required to provide notice of sale to HPD no less than 180 days before taking action. NYSAR is sharing our position on both bills with the NYC Council and Mayor de Blasio’s office, as well as meeting with individual city council members. Read more here.

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