October 2018 Government Affairs Update Archive

Government Affiars Update for October 26, 2018

Gov. Cuomo and Molinaro hold first and only debate
On Tuesday, Governor Cuomo and Republican challenger Marc Molinaro debated for the first, and what will be the only time at CBS studios in Manhattan. Cuomo leads Molinaro by 23 points in the latest Quinnipiac poll released October 18. Read reaction to the debate here.  Watch the full debate here

REALTOR Party Post-Election Facebook Live event Nov. 7 at 1 p.m.
Join host Nobu Hata for the REALTOR Party Post-Election Facebook Live event on November 7 at 1 p.m. as he discusses the impact of the 2018 mid-term election with NAR’s new SVP of Government Affairs Shannon McGahn, political consultant Doug Sosnick, and NAR staff. Ask your questions live as they discuss the election’s impact on federal, state and local levels issues. Learn more here

NYC Council holds public hearing on commercial rent control bill
The New York City Council held a public hearing Monday on its much-debated commercial rent control bill (Int. 737-A), which would require landlords to offer 10-year lease renewals to small businesses and go to arbitration if the two sides cannot reach a deal. New York City Mayor Bill de Blasio’s administration expressed concerns that the bill could hurt small businesses. Supporters of the bill argue that it will rein in high rents which are causing vacant storefronts. City Council Speaker Corey Johnson appeared open to amending the bill during the hearing. Read more here.

Two NY Congressional races in a statistical tie
Republican Rep. Claudia Tenney and her Democratic challenger Anthony Brindisi are in a statistical tie for the 22nd Congressional District at 45 to 46 percent respectively, according to a Spectrum News/ College poll conducted October 15-18. The race for the 19th Congressional District is equally as close with voters split 44 to 43 percent in favor of Republican incumbent Rep. John Faso over Democratic challenger Antonio Delgado in a poll conducted the same week.

Government Affiars Update for October 19, 2018

NAR highlights NY REALTORS’ commitment to Fair Housing awareness
NAR’s Homeownership Matters initiative highlighted New York REALTORS and their commitment to Fair Housing education and awareness. “New York’s REALTORS work in diverse communities,” NYSAR President CJ DelVecchio said. “Therefore, we have long supported the landmark Fair Housing Act, and have advocated for the inclusion of additional protected classes in New York State law.” Read more here.

Gov. Cuomo leads Molinaro by 23 points in latest poll
According to a Quinnipiac poll released Thursday, Gov. Cuomo holds a 23 point lead (58 - 35) over Republican Dutchess County Executive Marc Molinaro. The poll also found that 48 percent of likely voters still do not knows enough about Molinaro to haves an opinion of him. Read more here

NYC Council holds hearing on commercial rent control
The New York City Council is set to convene a hearingOpens a New Window. Oct. 22 on the controversial Small Business Jobs Survival Act, which would implement a form of commercial rent control. It would entitle any commercial tenant who has complied with its lease terms to a 10-year renewal and the right to binding arbitration if the new terms are contested. Bill opponents have blamed empty storefronts on online shopping, temporarily high asking rents, wage and workplace mandates and other factors. 

Updated: New York's most competitive Congressional races
City and State provides an updated analysis and fundraising totals of the most competitive House races in New York State according to leading national election analysts. Read more here.

Government Affiars Update for October 12, 2018

Four State Senate seats emerging as key battleground races
Party control of the State Senate will be decided in this year’s November election. Four races are being viewed as the most competitive throughout the state, which include the 5th Senate District on Long Island between Republican incumbent Sen. Carl Marcellino and Democrat James Gaughran, 8th Senate District also on Long Island between Democratic incumbent Sen. John Brooks and Republican Jeff Pravato, 39th Senate District in the Hudson Valley between Democratic Assemblyman James Skoufis and Republican Tom Basile, and 50th Senate District in Central NY between Democrat John Mannion and Republican Bob Antonacci. A full list and analysis of competitive Senate races can be found here

NAR Window to the Law (video and presentation): Assistance Animals in Housing
This month’s NAR Window to the Law focuses on issues that arise when an individual makes a request for an accommodation for an assistance animal. NAR recognizes that this remains a controversial topic for property owners and property managers, and continues to be identified as one of the top issues for real estate professionals. NAR’s Risk Management Issues Committee will cover this topic during NAR’s annual convention. You can view the video and other resources here.

How to get a flood determination report: MyFloodStatus Webinar Oct. 15, 22, or 29 at 9:30 a.m.
Flood zone errors and confusion are rampant and REALTORS and their clients need to know what information they can count on. Join the free MyFloodStatus webinar to learn about low-cost, accurate and insured flood determination reports. NYSAR members receive a discount. Each flood determination report is certified and backed by a $2 million E&O insurance policy. After running the report, you and your clients will have access to their Flood Resource Center’s Certified Floodplain Managers to help you understand the report and receive advice on next steps. Learn more and register for the free webinar here

Home prices in Brooklyn and Queens reach record highs
The median price in Kings County in the third quarter of the year was $808,000, according to Crain’s New York. That was a record high and more than 2 percent more than at the same time last year. Similarly in Queens, prices grew at nearly double Brooklyn's rate to land at a borough-record $573,000. Read more here.

Government Affairs Update for October 5, 2018

NYSAR Business Meetings – Government Affairs Highlights

Last week’s NYSAR Fall Business Meetings covered a variety of legislative and regulatory topics related to real estate and licensees. The Legislative Policy Forum hosted two guest speakers: Steve Greenberg, polling expert at the Siena College Research Institute and Zack Rubin-McCarry, NAR Field Representative. Steve Greenberg presented an in-depth political analysis of state politics and the upcoming General Election, which can be found here . Zack Rubin-McCarry provided REALTORS with legislative and political updates at the federal level, which can be found here. Legislative actions coming out of the meetings include seeking the elimination of “grandfathering” and the expansion of core requirements as they relate to continuing education. More information will be posted on NYSAR’s website as it becomes available.

Working Families Party drops Nixon to support Cuomo
On Wednesday, the Working Families Party took steps to drop Cynthia Nixon and Jumaane Williams from appearing on the November ballot for governor and lieutenant governor on its party line. The party moved to support Governor Cuomo and Lt. Governor Hochul who must formally accept the endorsement by the end of the week, otherwise Nixon and Williams could be back on the ballot line. Read more here

House rating changes: Eight more GOP seats move toward Democrats
The Cook Political Report shifted eight more GOP seats toward Democrats, including moving Rep. John Katko’s race (24th Congressional District) from “likely Republican” to “lean Republican,” and Elise Stefanik’s race (21st Congressional District) from “solid Republican” to “likely Republican.” Read more here.

NAR Still Closely Monitoring Overtime Rules
The U.S. Department of Labor (DOL) continues to seek feedback regarding the enjoined overtime rule, focusing on the appropriate salary level thresholds to qualify for the exemptions under the Fair Labor Standards Act (FLSA). This issue is of importance to brokers with employees and state and local associations. On October 2, 2018, DOL announced a public listening session on expanding overtime eligibility and the appropriate salary level thresholds for exemptions. Labor Secretary Alexander Acosta continues to indicate an interest in raising the threshold and has specifically mentioned an inflation-adjusted threshold of around $33,000. 

NAR announces additions to senior leadership team
Long-time Capitol Hill and U.S. Treasury aide Shannon McGahn is NAR’s senior vice president of government affairs and chief lobbyist starting Oct. 15, NAR. She replaces long-time NAR Chief Lobbyist Jerry Giovaniello, who is retiring. NAR also announced that 30-year finance and real estate industry veteran Victoria Gillespie is NAR’s new chief marketing and communications officer. Gillespie previously owned and operated her own real estate company, served as senior vice president of the REALTORS Federal Credit Union. Read more here.

Featured Content
Government Affairs