S T A T E O F N E W Y O R K
________________________________________________________________________
691
2019-2020 Regular Sessions
I N A S S E M B L Y
(PREFILED)
January 9, 2019
___________
Introduced by M. of A. L. ROSENTHAL -- read once and referred to the
Committee on Real Property Taxation
AN ACT to amend the real property tax law, in relation to the distrib-
ution of affordable units in certain projects
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 7 of section 421-a of the real property tax law
is amended by adding three new paragraphs (h), (i) and (j) to read as
follows:
(H) AFFORDABLE UNITS MUST BE PROPORTIONALLY DISPERSED THROUGHOUT THE
PROJECT AND MAY NOT BE CONCENTRATED IN CERTAIN FLOORS OR AREAS OF A
BUILDING OR BUILDINGS.
(I) AFFORDABLE UNITS MUST HAVE EQUAL ACCESS TO COMMON SPACES, AMEN-
ITIES, AND INGRESS AND EGRESS AS MARKET-RATE UNITS.
(J) WITHIN A CITY HAVING A POPULATION OF ONE MILLION OR MORE, THE CITY
COUNCIL MAY, BY MAJORITY VOTE, WAIVE THE REQUIREMENTS OF PARAGRAPHS (H)
AND (I) OF THIS SUBDIVISION FOR ANY PROJECT.
§ 2. This act shall take effect immediately and shall apply to
projects that commence construction after such effective date.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD00530-01-9