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The New York State Builders Association
 
Voice of the Building Industry in New York State
 
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Real estate development projects continue to increase in their scope and expense. The planning process for land development is lengthy and requires a significant and continuing investment over a long period of time to bring a project to fruition.

The application of vested rights upon the issuance of a building permit is outdated. This approach no longer reflects the complexity, length and expense incurred in the real estate development process in New York State. It is imperative to establish that municipal action including planning and zoning which applies to a particular parcel of land as of the date of filing of a development plan shall remain applicable to the proposed project for not less than 6 years after filing. That is why NYSBA supports pending legislation that would provide vested rights upon filing of an Environmental Assessment Form and an application.