Legal

Today, the New York City Department of Finance (“DOF”) extended the deadline to submit primary-residence exemption applications to October 13, 2026 from October 6, 2026. The extension was issued in light of a confusion about current litigation surrounding the pied-à-terre tax. As we noted in our prior alerts available HERE and HERE, the ongoing lawsuit […]

On September 29, 2026, New York Supreme Court Justice Wayne M. Ozzi invalidated key aspects of New York City’s rollout of the pied-à-terre tax finding that the Department of Finance’s initial procedures “unfairly shifted the burden to thousands of homeowners to prove their basic residency.” In O’Brien v. City of New York, the court ordered

The FARE Act has survived its biggest legal test. On July 13, 2026, the United States Court of Appeals for the Second Circuit upheld New York City’s ban on tenant-paid broker fees in Real Estate Board of New York v. City of New York. For owners who have been waiting to see whether the law

NEW YORK CITY DEPARTMENT OF FINANCE HAS EXTENDED THE FILING DEADLINE TO OCTOBER 6, 2026 New York City’s new pied-à-terre tax has received considerable attention from owners of high-value residences. The law, however, also creates important considerations for residential leases. Under the pied-à-terre tax, certain high-value New York City residential properties are subject to an

On August 10, 2026, New York State Supreme Court Justice Wayne M. Ozzi issued a temporary restraining order limiting New York City’s current implementation of the newly enacted surcharge on certain high-value residential properties that do not serve as a primary residence, colloquially known as the “pied-à-terre tax”. The ruling in O’Brien v. City of New

On Saturday August 1, the deadline to respond to surcharge notices was extended to September 18, 2026. The announcement is available HERE. On May 28, 2026, New York State passed a tax on high-value residential properties in New York City that do not serve as a primary residence, colloquially known as the “pied-à-terre tax”. The intent

Local Law 157 mandates the installation of natural gas detectors. While the law was originally passed in 2016, recent amendments have delayed the deadlines for compliance. Owners now have until January 1, 2027, to comply with the law. This client alert will address the current deadline and some of the obligations that owners and managing

In March 2026, the New York City and New York State Bar Associations approved a new form of alteration agreement for condominium units. The form is not mandatory, but it was developed to promote a more uniform and predictable process for reviewing apartment renovations in condominium buildings. This client alert addresses the changes to the

New York State has enacted a long-debated tax on high-value residential properties in New York City that do not serve as a primary residence, colloquially known as the “pied-à-terre tax”. Effective for fiscal years beginning July 1, 2026, the legislation imposes a substantial annual surcharge on certain luxury condominiums, cooperative apartments, and one-to-three family homes located

In January, 2026, the New York City Council passed Intro 994-A, now Local Law 23 of 2026. This law adds a new cooling requirement to the NYC Housing Maintenance Code. In broad terms, the law will require owners of covered dwellings to install and maintain air conditioning in tenant-elected rooms on a phased timetable. The