Bill > S00127

This bill amends the administrative code of New York City and the real property actions and proceedings law to provide free legal services to small property owners under specific conditions. The bill defines a "small property owner" as any lessor in a residential real property transaction who owns 20 units or less, including those who list residential property for lease with an agent (regardless of whether a lease is ultimately signed) or who receives a leasing offer for 20 or fewer units. To qualify for free legal services, these small property owners must demonstrate a loss of at least 20% of rent payments in a calendar year. The legislation aims to support smaller-scale landlords who experience significant financial challenges by providing them with legal assistance at no cost. The bill will take effect 90 days after becoming law, offering a new form of support for property owners who might otherwise struggle to navigate legal challenges related to their rental properties.

Budget and Finance, Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S127