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A06236 Summary:

BILL NOA06236
 
SAME ASNo Same As
 
SPONSORSimone (MS)
 
COSPNSR
 
MLTSPNSRAlvarez, Reyes, Seawright
 
Add §235-k, RP L
 
Requires landlords of certain properties to furnish New York homes and community renewal with data pertaining to succession rights.
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A06236 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          6236
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                    February 27, 2025
                                       ___________
 
        Introduced by M. of A. SIMONE -- Multi-Sponsored by -- M. of A. ALVAREZ,
          REYES, SEAWRIGHT -- read once and referred to the Committee on Housing
 
        AN  ACT to amend the real property law, in relation to succession rights
          data
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  The  real property law is amended by adding a new section
     2  235-k to read as follows:
     3    § 235-k. Succession rights data. A landlord of a  building  containing
     4  five  or  more  rental units shall submit a quarterly report to New York
     5  homes and community renewal in a form prescribed by the commissioner  of
     6  such   agency  indicating  the  number  of  applications  for  right  of
     7  succession such landlord received over the course of the previous  three
     8  months,  the date such applications were received, whether such applica-
     9  tions were granted or denied and, if denied, the reasons given for  such
    10  denial.
    11    For the purposes of this section, "right of succession" shall mean the
    12  right  to a rent stabilized renewal lease or protection from eviction in
    13  an apartment under rent control redounding to the benefit of an eligible
    14  family member of the tenant having occupied such  apartment  immediately
    15  prior  to  permanently  vacating  such apartment or immediately prior to
    16  such tenant's death.
    17    § 2. This act shall take effect on the first of January next  succeed-
    18  ing the date on which it shall have become a law.
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02286-01-5
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