STATE OF NEW YORK
________________________________________________________________________
3208
2025-2026 Regular Sessions
IN SENATE
January 24, 2025
___________
Introduced by Sens. KAVANAGH, JACKSON -- read twice and ordered printed,
and when printed to be committed to the Committee on Housing,
Construction and Community Development
AN ACT to repeal paragraphs 3 and 4 of subdivision a of section 26-405
of the administrative code of the city of New York, relating to the
establishment of maximum base rents using the maximum gross building
rental formula
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Paragraphs 3 and 4 of subdivision a of section 26-405 of
2 the administrative code of the city of New York are REPEALED.
3 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD05701-01-5