Relates to requiring contracts for a commercial lease

This bill requires landlords in New York City to provide commercial tenants with a written lease contract containing specific details. It mandates that leases include property address, contact information, lease term, rent amount and due date, fee explanations, and responsibilities for both parties. Commercial tenants can request proof of occupancy dates and withhold rent after 30 days without a required lease, with landlords forfeiting rent payments if no lease is provided within 60 days. The law applies to all commercial properties (non-residential business spaces) and takes effect immediately for new or modified leases.