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Bill > A06276
NY A06276
NY A06276Relates to requirements for a building owner to refuse to renew a lease under the real estate industry stabilization code; requires the owner of a building to be demolished to prove that he or she has the financial ability to complete demolition of the building.
summary
Introduced
04/03/2023
04/03/2023
In Committee
04/25/2023
04/25/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the administrative code of the city of New York, in relation to requirements for a building owner to refuse to renew a lease when the building is to be demolished
AI Summary
This bill amends the administrative code of New York City to require building owners to prove they have the financial ability to complete demolition of a building before they can refuse to renew a lease. Specifically, the bill requires the building owner to establish to the satisfaction of the Division of Housing and Community Renewal that they intend to demolish the building and construct a new one, have obtained the necessary permits and approved plans from the Department of Buildings, and have the financial ability to complete the demolition and construction project.
Committee Categories
Housing and Urban Affairs
Sponsors (5)
Linda Rosenthal (D)*,
Rodneyse Bichotte Hermelyn (D),
Chris Burdick (D),
Harvey Epstein (D),
Rebecca Seawright (D),
Last Action
ordered to third reading cal.178 (on 01/03/2024)
Bill Topics
Community Development and Housing Issues
- ‐ Community and Regional Development
- ‐ Housing and Community Development for Low and Middle Income Persons
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/A6276 | 04/03/2023 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A06276&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A06276A | 05/15/2023 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A06276&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A06276 | 04/03/2023 |
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