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S01642 Summary:

BILL NOS01642
 
SAME ASSAME AS A06170
 
SPONSORCLEARE
 
COSPNSR
 
MLTSPNSR
 
Amd §4, Emerg Hous Rent Cont L; amd §5, Emerg Ten Prot Act of 1974; add §§26-418 & 26-512.1, NYC Ad Cd
 
Requires rent stabilized housing accommodations lost or destroyed due to fire, natural disaster, act of God, act of war or eminent domain, to be replaced in any succeeding construction on the same parcel.
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S01642 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          1642
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                    January 13, 2025
                                       ___________
 
        Introduced  by  Sen.  CLEARE -- read twice and ordered printed, and when
          printed to be committed to the Committee on Housing, Construction  and
          Community Development
 
        AN  ACT  to  amend  the administrative code of the city of New York, the
          emergency tenant protection act of nineteen seventy-four and the emer-
          gency housing rent control law, in relation to requiring the  replace-
          ment of certain rent stabilized housing accommodations
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Section 4 of chapter 274 of the laws of 1946,  constituting
     2  the  emergency  housing  rent  control  law,  is amended by adding a new
     3  subdivision 2-c to read as follows:
     4    2-c. Notwithstanding any provision of law to  the  contrary,  where  a
     5  housing  accommodation  subject to the provisions of this act is lost or
     6  destroyed due to fire, natural disaster, act  of  God,  act  of  war  or
     7  eminent  domain,  such  housing  accommodation  shall be replaced in any
     8  succeeding construction on the same  parcel.  Such  replacement  housing
     9  accommodation  shall be substantially similar to the lost housing accom-
    10  modation and shall be subject to the provisions of this act with a maxi-
    11  mum rent that is equal to the maximum rent of the lost housing  accommo-
    12  dation.
    13    §  2.  Section  5  of  section  4  of chapter 576 of the laws of 1974,
    14  constituting the emergency tenant protection act  of  nineteen  seventy-
    15  four, is amended by adding a new subdivision g to read as follows:
    16    g. Notwithstanding any provision of law to the contrary, where a hous-
    17  ing  accommodation  subject  to  the  provisions  of this act is lost or
    18  destroyed due to fire, natural disaster, act  of  God,  act  of  war  or
    19  eminent  domain,  such  housing  accommodation  shall be replaced in any
    20  succeeding construction on the same  parcel.  Such  replacement  housing
    21  accommodation  shall be substantially similar to the lost housing accom-
    22  modation and shall be subject to the provisions  of  this  act  with  an
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04829-01-5

        S. 1642                             2
 
     1  initial maximum rent that is equal to the maximum rent of the lost hous-
     2  ing accommodation.
     3    §  3.  The  administrative  code of the city of New York is amended by
     4  adding a new section 26-418 to read as follows:
     5    § 26-418 Replacement of certain housing accommodations.  Notwithstand-
     6  ing any provision of law to the contrary, where a housing  accommodation
     7  subject  to  the  provisions of this chapter is lost or destroyed due to
     8  fire, natural disaster, act of God, act of war or eminent  domain,  such
     9  housing  accommodation  shall be replaced in any succeeding construction
    10  on the same parcel. Such  replacement  housing  accommodation  shall  be
    11  substantially  similar  to  the  lost housing accommodation and shall be
    12  subject to the provisions of this chapter with an initial  maximum  rent
    13  that is equal to the maximum rent of the lost housing accommodation.
    14    §  4.  The  administrative  code of the city of New York is amended by
    15  adding a new section 26-512.1 to read as follows:
    16    § 26-512.1 Replacement of certain housing  accommodations.    Notwith-
    17  standing  any provision of law to the contrary, where a housing accommo-
    18  dation subject to the provisions of this chapter is lost  due  to  fire,
    19  natural disaster, act of God, act of war or eminent domain, such housing
    20  accommodation  shall  be  replaced in any succeeding construction on the
    21  same parcel. Such replacement housing accommodation  shall  be  substan-
    22  tially similar to the lost housing accommodation and shall be subject to
    23  the  provisions of this chapter with a maximum rent that is equal to the
    24  maximum rent of the lost housing accommodation.
    25    § 5. This act shall take effect on the ninetieth day  after  it  shall
    26  have  become  a  law;  provided that the amendments to the city rent and
    27  rehabilitation law made by section three of this  act  shall  remain  in
    28  full force and effect only as long as the public emergency requiring the
    29  regulation  and control of residential rents and evictions continues, as
    30  provided in subdivision 3 of section 1 of the  local  emergency  housing
    31  rent control act; and provided further, that the amendments to chapter 4
    32  of  title  26 of the administrative code of the city of New York made by
    33  section four of this act shall expire on  the  same  date  as  such  law
    34  expires  and  shall  not  affect  the expiration of such law as provided
    35  under section 26-520 of such law.
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