Relates to the conversion to condominium ownership for the preservation of expiring affordable housing in the city of New York; provides expanded homeownership opportunities from the conversion of certain residential rental buildings to condominium status by property owners that commit to preserve the inventory of expiring affordable housing in the city of New York.
Relates to tax abatement for rent-controlled and rent regulated property occupied by and real property owned by senior citizens or persons with disabilities.
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.
This bill prohibits individuals who own or manage more than four rental units in New York State from serving as public members on rent guidelines boards. It directly affects small-scale landlords (those managing 5+ units) by barring them from these boards, which set rent guidelines in areas with housing emergencies. The key provision amends existing law to add this restriction, ensuring public members have no direct financial stake in rental properties covered by the law. The change applies to all such boards statewide, including New York City's.
Establishes a housing project revolving loan program and housing project revolving loan fund to encourage the development of mixed income housing by providing zero-percent interest or low-interest loans.
Requires the chief administrator of the office of court administration to establish a searchable public database providing information regarding eviction proceedings in the state; directs the chief administrator to adopt rules directing village, town or other local courts to report their eviction proceeding data to the office of court administration.
This bill (S 6971) sets new documentation requirements for lenders seeking to foreclose on residential mortgages in New York. It requires lenders to prove ownership of the mortgage note, provide a complete payment history from loan origination, and document the physical location and chain of custody of the original note. These rules apply specifically to foreclosures on one- to four-family residential properties. The bill also clarifies that defendants can raise statute of limitations or "lack of standing" defenses at any time during the case, not just in initial pleadings.
This bill requires landlords to obtain proof that fire-damaged rental properties are safe before renting them out. Specifically, owners must get a valid certificate of occupancy (from municipalities that issue them) or a written inspection statement (from building officials or independent inspectors) confirming the property is habitable with no code violations and dated after the fire. Landlords must provide tenants with a copy of this documentation before signing a lease. The law applies to properties damaged by fire exceeding $1,000 in value and voids any lease clauses attempting to bypass these requirements. This directly affects landlords of fire-damaged rental units and their tenants in New York.
Relates to establishing the housing access voucher program; provides that the commissioner of the division of housing and community renewal shall implement a program of rental assistance in the form of housing vouchers for eligible individuals and families who are homeless or who face an imminent loss of housing; provides that the commissioner shall designate housing access voucher local administrators in the state to administer the program.
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.
