New York S 7560: Relates to requiring landlords of certain properties to furnish New York homes and community renewal with data pertaining to succession rights

Bill Text

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S07560 Summary:

BILL NOS07560 

&nbsp

SAME ASSAME AS A06236

&nbsp

SPONSORCLEARE

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Add §235-k, RP L

&nbsp

Requires landlords of certain properties to furnish New York homes and community renewal with data pertaining to succession rights.

Go to top S07560 Actions:

BILL NOS07560 

&nbsp

04/22/2025REFERRED TO JUDICIARY

01/07/2026REFERRED TO JUDICIARY

Go to topS07560 Committee&nbspVotes:

Go to topS07560 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS07560 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 7560

 2025-2026 Regular Sessions

 IN SENATE

 April 22, 2025
 ___________

 Introduced by Sen. CLEARE -- read twice and ordered printed, and when
 printed to be committed to the Committee on Judiciary

 AN ACT to amend the real property law, in relation to succession rights
 data

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. The real property law is amended by adding a new section
 2 235-k to read as follows:
 3 § 235-k. Succession rights data. A landlord of a building containing
 4 five or more rental units shall submit a quarterly report to New York
 5 homes and community renewal in a form prescribed by the commissioner of
 6 such agency indicating the number of applications for right of
 7 succession such landlord received over the course of the previous three
 8 months, the date such applications were received, whether such applica-
 9 tions were granted or denied and, if denied, the reasons given for such
 10 denial.
 11 For the purposes of this section, "right of succession" shall mean the
 12 right to a rent stabilized renewal lease or protection from eviction in
 13 an apartment under rent control redounding to the benefit of an eligible
 14 family member of the tenant having occupied such apartment immediately
 15 prior to permanently vacating such apartment or immediately prior to
 16 such tenant's death.
 17 § 2. This act shall take effect on the first of January next succeed-
 18 ing the date on which it shall have become a law.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD02286-01-5

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