STATE OF NEW YORK
________________________________________________________________________
6236
2025-2026 Regular Sessions
IN ASSEMBLY
February 27, 2025
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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