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S 2134 New York Senate · 2025 Regular Session

Relates to requirements for a building owner to refuse to renew a lease under the real estate industry stabilization code

Summary
Relates to requirements for a building owner to refuse to renew a lease under the real estate industry stabilization code; requires the owner of a building to be demolished to prove that such owner has the financial ability to complete demolition of the building.
Issues: ✓ HousingSupports HousingRequires building owners to prove financial ability for demolition before refusing lease renewals, protecting tenants from arbitrary displacement under stabilization code.85% confidence
Bill status passed 3 of 5 stages cleared
Introduction
Jan 2025
Committee Review
Jun 2026
Senate Passage
Jun 2026
Assembly Passage
Governor
Introduced Jan 15, 2025 Last action Jun 1, 2026
Maddy AI version diff · 1 comparison

What changed between versions

S2134 → S2134A · 5 edits
MODERATE
This bill amends New York City's administrative code regarding when building owners must refuse to renew leases for demolition projects. The primary change removes the requirement for owners to have 'approved plans' for the new building before they can refuse a lease renewal, lowering the barrier for initiating demolition. It also clarifies that the owner must have submitted plans for approval rather than having them fully approved, and updates the financial ability clause to explicitly cover both demolition and construction.
Scope change
The bill's scope remains focused on lease renewal requirements for demolition, but the criteria for a building owner to qualify for this protection has been relaxed.
REQUIREMENT

Removed the strict requirement that demolition plans must be 'approved' by the Department of Buildings, changing the standard to merely 'submitted' for approval.

Deleted redundant and conflicting language regarding obtaining a permit 'therefor from the department of buildings' to streamline the text.

Updated the financial ability clause to explicitly state the funds must cover 'such demolition and construction' instead of just 'same'.

TECHNICAL

Corrected a grammatical error in line 6 by removing a duplicate 'and' word.

Updated the bill's committee history to reflect a favorable report from the Committee on Housing and recommitment to the Committee on Cities.

Floor votes · Senate Jun 10, 2025

How they voted

35–23
Passed · 5 other
Total votes 63
Jun 10, 2025
D Democratic41
35 Yea 2 Nay 4
85% Yea
R Republican22
21 Nay 1
95% Nay
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
18
Key actions
4
Committee
6
Amendments
2
Jun 1, 2026
Committee
REFERRED TO HOUSING
lower
Jun 1, 2026
Upper · Passed
PASSED SENATE
upper
Jan 7, 2026
Committee
REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
upper
Jun 10, 2025
Committee
REFERRED TO HOUSING
lower
Jun 10, 2025
Upper · Passed
PASSED SENATE
upper
Jun 10, 2025
Committee
COMMITTEE DISCHARGED AND COMMITTED TO RULES
upper
May 20, 2025
Upper · Passed
PRINT NUMBER 2134A
upper
May 20, 2025
Upper · Passed
AMEND AND RECOMMIT TO CITIES 1
upper
Apr 28, 2025
Committee
REPORTED AND COMMITTED TO CITIES 1
upper
Jan 15, 2025
Committee
REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
upper
1 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
P
Photo of Liz Krueger
Liz Krueger
DDemocratic/Working Families
NY
28
Co
Photo of Robert Jackson
Robert Jackson
DDemocratic/Working Families
NY
31