Housing

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.

Extends the authority for the town of Brookhaven to impose a real estate transfer tax with revenues therefrom to be deposited into a community preservation fund until 2045.

Protects renters using a housing subsidy or voucher, or receiving public assistance from discrimination by the housing provider based on such renters' income or use of such housing subsidy, voucher or public assistance.

S 2433 establishes protections for residents and cooperatives when ground leases for apartment buildings expire. It requires cooperatives to dissolve properly within 10 days of lease expiration and automatically grants residents tenant status under New York's rent laws, ensuring their housing remains regulated. The bill also gives the cooperative a 120-day right to purchase the underlying land if the landowner sells, with specific notice and timing requirements for both parties. These changes directly affect ground lease residential co-ops and their residents in New York, ensuring continuity of housing and rent protections upon lease termination.

Prohibits a person or entity from knowingly or with reckless disregard facilitate an agreement between or among two or more residential rental property owners or managers to not compete with respect to residential rental dwelling units, including by operating or licensing a software, data analytics service, or algorithmic device that performs a coordinating function on behalf of or between and among such residential rental property owners or managers.