Prohibits the sale or lease of any property in the state to the People's Republic of China or the Chinese communist party

This bill prohibits any sale, lease, or transfer of real property (land or buildings) in New York State to the People's Republic of China, the Chinese Communist Party, or their affiliated entities. It directly affects property owners, sellers, and lessees who might engage in transactions with these entities within New York. The law authorizes New York's Attorney General to seek court orders blocking violations, including injunctions or declaratory relief, to stop prohibited transactions. The prohibition applies immediately upon enactment, with no exemptions specified in the bill text.