New York S 2134: Relates to requirements for a building owner to refuse to renew a lease under the real estate industry stabilization code

Bill Text

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S02134 Summary:

BILL NOS02134A

&nbsp

SAME ASSAME AS A01867-A

&nbsp

SPONSORKRUEGER

&nbsp

COSPNSRJACKSON

&nbsp

MLTSPNSR

&nbsp

Amd §26-511, NYC Ad Cd

&nbsp

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.

Go to top S02134 Actions:

BILL NOS02134A

&nbsp

01/15/2025REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

04/28/2025REPORTED AND COMMITTED TO CITIES 1

05/20/2025AMEND AND RECOMMIT TO CITIES 1

05/20/2025PRINT NUMBER 2134A

06/10/2025COMMITTEE DISCHARGED AND COMMITTED TO RULES

06/10/2025ORDERED TO THIRD READING CAL.1732

06/10/2025PASSED SENATE

06/10/2025DELIVERED TO ASSEMBLY

06/10/2025referred to housing

01/07/2026died in assembly

01/07/2026returned to senate

01/07/2026REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

03/18/20261ST REPORT CAL.576

03/19/20262ND REPORT CAL.

03/23/2026ADVANCED TO THIRD READING 

06/01/2026PASSED SENATE

06/01/2026DELIVERED TO ASSEMBLY

06/01/2026referred to housing

Go to topS02134 Committee&nbspVotes:

Go to topS02134 Floor&nbspVotes:

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

Go to topS02134 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 2134--A

 2025-2026 Regular Sessions

 IN SENATE

 January 15, 2025
 ___________

 Introduced by Sens. KRUEGER, JACKSON -- read twice and ordered printed,
 and when printed to be committed to the Committee on Housing,
 Construction and Community Development -- reported favorably from said
 committee and committed to the Committee on Cities 1 -- committee
 discharged, bill amended, ordered reprinted as amended and recommitted
 to said committee

 AN ACT to amend the administrative code of the city of New York, in
 relation to requirements for a building owner to refuse to renew a
 lease when the building is to be demolished

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

 1 Section 1. Subparagraph (a) of paragraph 9 of subdivision c of section
 2 26-511 of the administrative code of the city of New York is amended to
 3 read as follows:
 4 (a) where [he or she] such owner establishes to the satisfaction of
 5 the division of housing and community renewal that such owner: (i)
 6 intends in good faith to demolish the building and construct a new
 7 building; (ii) has obtained from the department of buildings a permit
 8 [therefor from the department of buildings] for such demolition project
 9 and has submitted plans for the construction of a new building to the
 10 department of buildings for approval; and (iii) has the financial abili-
 11 ty to complete such demolition and construction; or
 12 § 2. This act shall take effect immediately; provided that the amend-
 13 ments to subparagraph (a) of paragraph 9 of subdivision c of section
 14 26-511 of the administrative code of the city of New York made by
 15 section one of this act shall expire on the same date as such section
 16 expires and shall not affect the expiration of such section as provided
 17 in section 26-520 of such code.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD04702-03-5

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