In this talk, I will show how one can study gravitational perturbations from the near-horizon region of extremal and near-extremal rotating black holes in a general higher-derivative extension of Einstein gravity. I will explain how the near-horizon Teukolsky equation is modified via a correction to the angular separation constant. The near-horizon region also provides constraints on the form of the full modified Teukolsky radial equation, which serve as a stepping stone towards the study of quasinormal modes of near-extremal black holes. In the second part of the talk, I will present a new family of EFT, motivated by preserving two fundamental properties of GR: gravitational waves are non-birefringent, and black hole quasinormal modes are isospectral. This leads to a novel class of EFT extensions, which remarkably, coincides with predictions from string theory and implies a previously unknown feature of string theory effective actions.