Establishes the "tenant opportunity to purchase act"
Summary
Establishes the "tenant opportunity to purchase act"; prevents the displacement of middle and lower-income tenants in New York and preserves affordable housing by providing an opportunity for tenants to own or remain renters in the properties in which they reside.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 8, 2025
Last action May 4, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
3
Jan 7, 2026
Committee
REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
upper
May 28, 2025
Committee
REPORTED AND COMMITTED TO JUDICIARY
upper
Jan 8, 2025
Committee
REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
upper
1 primary · 21 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Zellnor Myrie
DDemocratic
Co
Brad Hoylman-Sigal
DDemocratic/Working Families
Co
Cordell Cleare
DDemocratic
Co
Gustavo Rivera
DDemocratic/Working Families
Co
Jabari Brisport
DDemocratic/Working Families
Co
Jamaal Bailey
DDemocratic/Working Families
Co
James Sanders
DDemocratic
Co
Jeremy Cooney
DDemocratic/Working Families
Co
Jessica Ramos
DDemocratic/Working Families
Co
Jose Serrano
DDemocratic/Working Families
Co
Julia Salazar
DDemocratic/Working Families
Ask Maddy
·
AI policy assistant
Ask Maddy about S 401
Scope: NY
Hi! I can help you understand S 401. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline