Requires the city of New York to mitigate property damage caused by environmental issues which are caused by acts or omissions of such municipality

This bill requires New York City to address property damage caused by environmental issues it creates or contributes to through its own actions or failures to act. If the city's departments cause or worsen an environmental crisis affecting many residents' property and health, and the city controls the relevant infrastructure, it must develop a clear, measurable plan to fix the problem. The city would be obligated to use its own resources and infrastructure to create this relief plan within a timely manner. This directly affects New York City residents whose property is damaged due to the city's environmental management failures.