Requires owners of certain multiple dwellings of three or more floors to provide priority status to senior citizens and disabled residents moving to lower floors.

This bill requires owners of multi-story apartment buildings (three or more floors) that aren't cooperatives or condos to give priority to senior citizens or disabled residents with mobility issues who want to move to a lower floor within the same building. It grants these residents the right to move into available lower-floor units with the same number of bedrooms before other applicants, including other residents seeking to move down. The rule applies to buildings not covered by specific cooperative or condominium laws and doesn't override existing affordability or income restrictions. Owners must post a notice about this priority policy in a visible location.