Dec. 6, 2024 By Colum Motherway Mayor Eric Adams’ controversial zoning reform plan, “City of Yes,” was approved by the New York City Council on Thursday, Dec. 5, with a 31-20 vote. The approval marks a significant step in the city’s efforts to address its ongoing housing crisis, though it remains highly contentious, particularly…
Tag: new-york-city-council
City Council passes bill shifting broker fee burden to landlords, sparking backlash from real estate industry and key critics
Nov. 14, 2024 By Ethan Stark-Miller and QNS News Team The New York City Council passed a landmark bill on Wednesday, aiming to relieve renters of paying hefty broker fees — a cost that will now fall on the party who hires the listing agent. Known as the FARE Act (Fairness in Apartment Rentals),…
LIC BID expansion approved, doubling coverage and bringing enhanced services to the neighborhood in 2025
Oct. 23, 2024 By sobrien Oct. 23, 2024 By Shane O’Brien The Office of the New York State Comptroller has approved the expansion of the LIC Business Improvement District (BID), allowing the BID to offer services in the expansion area from Jan. 1, 2025. The expansion, which more than doubles the number of block faces… Read more »
Council Member Julie Won hosts South Korean delegation at City Hall, talks economic and social policies
Sep. 24, 2024 By sobrien Sept. 24, 2024 By Shane O’Brien Council Member Julie Won hosted a delegation of six elected officials from the Gwangju Metropolitan Council in South Korea at New York City Hall on Monday to share insights about policies and programs related to a wide range of topics. Won, who represents the… Read more »
Queens real estate brokers voice opposition on broker fee legislation, cite risks of higher rents and scarce housing
Jun. 3, 2024 By Ethan Marshall Real estate brokers in Queens are speaking out against a proposed New York City Council bill to legislate broker fees for residential rentals. The bill, Intro 360, mandates that any representative or agent involved in a residential rental transaction collect their fees from the party that hires them, whether…
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