Bill > S01437

This bill requires the Division of Housing and Community Renewal to create and publish an online database of building-wide major capital improvements (MCIs) for cities with over one million inhabitants, which in New York State means New York City. The database would provide detailed information about improvements made by landlords under several existing rent regulation laws, including the Emergency Tenant Protection Act and the Rent Stabilization Law. Specifically, each entry in the database must include comprehensive details about the improvement, such as the total cost, make and model of items installed, purchasing location, the name of the company or individual performing the installation, and the specific installation costs. By mandating this level of transparency, the bill aims to provide tenants and the public with more comprehensive information about capital improvements made to rental properties, potentially helping to increase accountability and understanding of how landlords invest in and modify buildings subject to rent regulations. The bill would take effect immediately upon passage.

Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2025/S1437