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.
Relates to treatment of gains from qualified opportunity zones in calculating taxable income; removes exclusion of gains on property in qualified opportunity zones in calculation of income.
Directs empire state development, in conjunction with the office of general services, to create a plan to develop mixed-use commercial and residential property on a certain portion of the Harriman campus; directs such plan to be completed and made available for public comment no later than 180 days after the effective date; directs empire state development, in conjunction with the office of general services, to create a master plan for the redesign of the Harriman campus; directs that such plan be completed and made available for public comment no later than one year after the effective date.
New York's S 1157 establishes a state-run savings program to help first-time homebuyers save for purchasing their first primary residence in New York. The program creates tax-advantaged savings accounts managed by the state comptroller, allowing eligible residents to contribute funds that qualify for state income tax benefits under Section 612 of the tax law. To qualify, applicants must have no prior ownership of any home (including mobile homes claimed as personal property on tax returns) and must use funds exclusively for buying or building a home in New York to be used as their primary residence for at least two years. The bill outlines specific account rules, defines "first-time homebuyer," and specifies allowable expenses like purchase costs for houses, condos, or cooperative units within the state.
Prohibits requiring that an individual have a court proceeding initiated against them in order to qualify for a rent arrears grant or ongoing rental assistance.
This bill prohibits utility companies from terminating residential electricity or heat service during forecasts of extreme temperatures - specifically when the National Weather Service predicts 95°F or higher (heat index) or 32°F or lower. It directly affects residential customers in New York, preventing service cutoffs on the day of such forecasts or during any subsequent holiday or weekend. Key provisions require utilities to maintain service during these periods and align with existing cold-weather protections for vulnerable residents. The law applies immediately upon enactment and does not override stricter existing utility settlements.
Enacts the "tenants organizing act"; allows tenants' groups, committees or other tenants' organizations to invite outside guests or visitors including elected officials, services providers, housing lawyers, etc. without being required to pay fees; defines "tenants' organization"; provides for activities that tenants' organizations can take part in; provides for the manner in how a tenants' organization is established.
Requires certain agencies and individuals to provide notice regarding the rent increase exemption for low income elderly persons and persons with disabilities programs to tenants upon the occurrence of certain events.
This bill (S 947) prohibits residential landlords from charging tenants fees for using electronic rent payment methods like online portals or automated clearing house (ACH) systems. It requires landlords to offer at least one fee-free payment option (such as cash or check) and bans them from requiring electronic payment as the sole method. Landlords also cannot charge fees for tenants who choose not to use electronic systems. The law applies directly to tenants and landlords in New York residential leases and takes effect immediately.
Bill S 871 establishes uniform waiting list priorities for domestic violence survivors applying for public housing. It requires local housing authorities to give these survivors the same priority as other vulnerable groups, such as the disabled, elderly, and homeless. To qualify, a survivor must either continue to face domestic violence in their current home or have left due to violence and not be living in standard permanent housing. For applicants with the same priority status, housing authorities will select based on the date and time their application was received.