Establishes a public online registry of vacant commercial storefronts; provides information to current and prospective small business owners seeking to purchase or lease a vacant storefront for a small business location.
STATE OF NEW YORK
________________________________________________________________________
6626--A
2025-2026 Regular Sessions
IN SENATE
March 18, 2025
___________
Introduced by Sens. BASKIN, FAHY -- read twice and ordered printed, and
when printed to be committed to the Committee on Commerce, Economic
Development and Small Business -- reported favorably from said commit-
tee and committed to the Committee on Finance -- committee discharged,
bill amended, ordered reprinted as amended and recommitted to said
committee
AN ACT to amend the economic development law, in relation to establish-
ing a public online registry of vacant commercial storefronts
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 134 of the economic development law is amended by
2 adding a new subdivision 13 to read as follows:
3 13. (a) in consultation with the secretary of state, maintain a public
4 online registry of vacant commercial storefronts. The online registry
5 shall be designed and promoted to current and prospective small business
6 owners seeking to purchase or lease a vacant storefront for a small
7 business location. The registry shall include, but not be limited to:
8 i. the address of the vacant commercial storefront;
9 ii. the contact information of the seller, leasing party, or agent
10 authorized to conduct such transactions for the purchase or renting of
11 the vacant commercial storefront; and
12 iii. information regarding the property's potential usages.
13 (b) The division shall accept suggested entries to the online registry
14 from state agencies, municipalities, local economic development agen-
15 cies, and other relevant entities. The division shall consult with other
16 state agencies to verify the information to be included in the online
17 registry and shall promulgate the rules and regulations for collecting
18 and maintaining the requisite data. The registry must be made available
19 within one year after the effective date of this subdivision.
20 § 2. This act shall take effect on the one hundred eightieth day after
21 it shall have become law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD11015-02-5
