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.
Codifies the disparate impact standard in the human rights law; provides that in cases of alleged housing discrimination, an unlawful discriminatory practice may be established by a practice's discriminatory effect.
Authorizes the town of Copake to establish community preservation funds and to impose a real estate transfer tax with revenues to be deposited into the community preservation fund; provides for the repeal of certain provisions upon expiration thereof.
Authorizes the town of Chester to establish community preservation funds; establishes a real estate transfer tax with revenues therefrom to be deposited in said community preservation fund.
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.
Prohibits residential landlords from charging tenants a fee for a dishonored rent check in excess of the actual costs or fees incurred by such landlord as a result thereof, provided such dishonored check fee was included in the initial lease.
Requires that the entire amount of a rental deposit or advance be refundable to the tenant upon the tenant's vacating of the premises except for an amount lawfully retained for non-payment of rent or utilities, damage caused by the tenant, or storage costs; requires landlord to provide an itemized statement of damages and to return the balance of the deposit within 14 days; requires that tenant be given the opportunity to inspect the rental premises prior to signing a lease; allows a grantee or assignee of the leased premises to demand that an escrow account be opened.
This bill (S 8311, now Chapter 438) requires the New York City Housing Authority (NYCHA) to maintain and clearly define policies allowing family members or eligible individuals to take over a public housing lease when the current tenant permanently moves out or dies. Key provisions mandate NYCHA to establish written rules covering eligibility, relocation needs, payment during the transition, and the right to appeal denied succession requests, all while complying with federal, state, and local laws. The law also requires NYCHA to provide 30 days' written notice and accept public comments before changing these policies. This policy change directly affects current NYCHA tenants facing loss of a household member and ensures consistent, transparent succession processes. The bill was signed into law on October 16, 2025.
This bill extends the deadline for New York's COVID-19 emergency rental assistance program from September 30, 2024, to September 30, 2025. It directly affects renters experiencing housing instability during the pandemic and local governments administering the program. The key provision amends the existing law to delay the expiration of program funding and operational provisions by one year, ensuring continued access to rental aid.
This bill prohibits mortgage lenders from penalizing borrowers (mortgagors) for not setting high enough rental rates on properties securing a mortgage. It makes any mortgage clause that charges fees, causes default, or penalizes low rents void and unenforceable. The law applies immediately to all mortgages, including those issued, renewed, or modified before the bill's passage. It directly affects all homeowners with mortgages on rental properties by preventing lenders from leveraging rent levels to enforce loan terms.
