Bill > S00240

This bill amends the Emergency Tenant Protection Act of 1974 and the New York City Administrative Code to restrict property owners from leasing apartments to non-residential tenants or tenants who do not intend to use the housing as their primary residence. Specifically, owners are prohibited from entering into leases for vacant housing accommodations if they know the tenant will not occupy the space as their primary home, or if the tenant is a corporation, partnership, or non-profit entity. However, there are two key exceptions: (1) not-for-profit corporations solely dedicated to providing housing and support services to low-income or vulnerable populations can still lease units, and (2) businesses can lease units if an officer, partner, or employee will occupy the unit as their primary residence. The bill also establishes civil penalties for violations, with fines ranging from $1,000 to $3,000 depending on whether it is a first or subsequent offense. The changes will take effect 60 days after becoming law, and the amendments to the city administrative code will expire on the same date as existing related sections. The bill aims to protect residential housing availability and prevent the use of rent-stabilized apartments for non-residential purposes.

Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2025/S240