Jan 10, 2025
Albany, N.Y. — New York Gov. Kathy Hochul on Thursday said she will push for new laws to make it harder for hedge funds to purchase large numbers of single-family homes in the state.In a statement, Hochul said she would propose legislation this year that would require a 75 day waiting period before large investment firms could place bids on new homes hitting the market and limit certain tax benefits when the firms purchase homes.
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