New York State Senate Passes Hotel Conversion Bill
The New York Senate passed a bill that would allow the state to finance the purchase and conversion of hotels and offices into housing.
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The New York Senate passed a bill that would allow the state to finance the purchase and conversion of hotels and offices into housing.
Senate Deputy Majority Leader Michael Gianaris (Getty, iStock) The state Senate is taking another shot at making it easier to convert distressed hotels and office buildings into affordable housing. Lawmakers have amended a bill that would enable the state’s housing regulator to transform distressed hotels and office buildings into permanently affordable housing, which would then be managed by nonprofits. Such conversions were initially contemplated as part of the state budget, but the Gov. Andrew Cuomo’s proposal was panned by elected officials and housing advocates for overriding local z...
Washington — Republican U.S. Rep. Fred Upton joined a group of Republicans on Wednesday to put forward a framework for immigration reform that includes a pathway to legal status for undocumented immigrants who pay a fine and back taxes and pass background checks. The proposal comes amid a surge of thousands of unaccompanied minors crossing the Southern border in recent weeks, and as House Democrats set up votes on a pair of immigration bills this week that are not expected to pass the narrowly divided U.S. Senate. Upton of St. Joseph suggested that Democrats and Republicans should in...
( Albany, NY) Today, the Senate Majority will pass its one-house budget resolution that delivers emergency aid to help New York recover from the COVID-19 pandemic and invests in a brighter, more equitable future by fully funding essential services and putting more money in the pockets of working and middle-class families. The Senate resolution increases total school aid by $5.7 billion, provides billions in residential and commercial rental and foreclosure assistance, restores critical funding to our health care system, and jumpstarts our economy with investments in transportation and small b...