senate Bill S3133

2021-2022 Legislative Session

Relates to commercial rent protections

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Cities Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (1)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 27, 2021 referred to cities 1

S3133 (ACTIVE) - Details

Law Section:
New York City Administrative Code
Laws Affected:
Add Title 22 Chap 12 §§22-1201 - 22-1211, NYC Ad Cd
Versions Introduced in 2019-2020 Legislative Session:
S6570

S3133 (ACTIVE) - Summary

Prevents landlords from raising commercial rents during a lease without a determination by an arbitrator that such rent increase is not fraudulent and is fair.

S3133 (ACTIVE) - Sponsor Memo

S3133 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3133
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                             January 27, 2021
                                ___________
 
 Introduced  by Sen. KAVANAGH -- read twice and ordered printed, and when
   printed to be committed to the Committee on Cities 1
 
 AN ACT to amend the administrative code of the  city  of  New  York,  in
   relation to commercial rent protections
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Title 22 of the administrative code of the city of New York
 is amended by adding a new chapter 12 to read as follows:
 
                                 CHAPTER 12
                           COMMERCIAL TENANCIES
 
   § 22-1201 DEFINITIONS. A. "COMMERCIAL PREMISES" SHALL MEAN A  BUILDING
 OR SPACE OCCUPIED FOR NON-RESIDENTIAL PURPOSES INCLUDING, BUT NOT LIMIT-
 ED  TO,  MANUFACTURING, RETAIL, PROFESSIONAL SERVICES, OFFICES, ASSEMBL-
 ING, PROCESSING, CULTURAL AND NOT-FOR-PROFIT ENTITIES THAT  ARE  PRESENT
 IN THE CITY OF NEW YORK, WHO HAVE A VALID COMMERCIAL LEASE.
   B.  "LANDLORD" SHALL MEAN ANY OWNER, LESSOR, SUBLESSOR OR OTHER PERSON
 ENTITLED TO RECEIVE RENT FOR THE USE  OR  OCCUPANCY  OF  ANY  COMMERCIAL
 PREMISES, OR AN AGENT THEREOF.
   C.  "RENT"  SHALL  MEAN  ANY  AND ALL CONSIDERATION, INCLUDING BUT NOT
 LIMITED TO PASS-ALONGS, RECEIVED BY THE LANDLORD IN CONNECTION WITH  THE
 USE OR OCCUPANCY OF ANY COMMERCIAL PREMISES.
   D.  "TENANT"  SHALL  MEAN TENANT, SUBTENANT, LESSEE, SUBLESSEE, OR ANY
 OTHER PERSONS LAWFULLY ENTITLED TO USE OR OCCUPANCY  OF  ANY  COMMERCIAL
 PREMISES.
   § 22-1203 COMMERCIAL RENT REQUIREMENTS. A. THE RENT FOR ANY COMMERCIAL
 PREMISES  SHALL  NOT BE INCREASED BY THE LANDLORD DURING THE TERM OF THE
 LEASE, WITHOUT THE WRITTEN CONSENT OF THE TENANT, FOR ANY REASON WITHOUT
 A DETERMINATION BY AN ARBITRATOR THAT SUCH RENT INCREASE IS NOT  FRAUDU-
 LENT AND IS NOT ABOVE THE FAIR MARKET VALUE OF THE COMMERCIAL PREMISES.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

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