Bill > A10632

This bill, known as the "Redeveloping Empty and Vacant Infrastructure for Vibrant Economies Act" or the "REVIVE Act," aims to address New York's housing crisis by facilitating the conversion of underutilized commercial, office, retail, or parking properties into residential or mixed-use developments. It defines "adaptive reuse" as repurposing existing structures or lots for residential purposes, and a "serviced lot" as one connected to municipal water and sewer systems. The bill establishes criteria for "eligible projects," requiring parcels to be at least 15,000 square feet, located in commercial zones or designated for commercial/retail/parking uses, have a vacancy rate of at least 50% for a year, be serviced lots, and not be subject to certain tax agreements. It sets minimum density requirements (20 units per acre in urban areas, 15 units per acre outside urban areas), allows for increased building heights based on local zoning, and limits parking to one space per dwelling unit. For eligible projects in urban areas, it mandates a streamlined "ministerial review" process with strict approval timelines, with automatic approval if deadlines are missed, and requires municipalities to provide clear reasons for rejection.

Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2025/A10632