Assembly Bill A3977

2023-2024 Legislative Session

Relates to renewal of a lease under the stabilization code promulgated by the real estate industry stabilization association

download bill text pdf

Sponsored By

Current Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2023-A3977 (ACTIVE) - Details

See Senate Version of this Bill:
S129
Current Committee:
Assembly Housing
Law Section:
New York City Administrative Code
Laws Affected:
Amd §26-511, NYC Ad Cd
Versions Introduced in Other Legislative Sessions:
2009-2010: A2558, S3854
2011-2012: A3596, S906
2013-2014: A3904, S3176
2015-2016: A3602, S2856
2017-2018: A5901, S3193
2019-2020: A725, S1920
2021-2022: A8278, S490

2023-A3977 (ACTIVE) - Summary

Relates to renewal of a lease under the stabilization code promulgated by the real estate industry stabilization association; defines demolish.

2023-A3977 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3977
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 8, 2023
                                ___________
 
 Introduced  by  M.  of A. GLICK, L. ROSENTHAL, DINOWITZ, COOK, COLTON --
   read once and referred to the Committee on Housing
 
 AN ACT to amend the administrative code of the  city  of  New  York,  in
   relation to renewal of a lease under the stabilization code
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subparagraph (a) of paragraph 9 of subdivision c of section
 26-511 of the administrative code of the city of New York is amended  to
 read as follows:
   (a)  (1)  where [he or she] THE OWNER HAS ESTABLISHED TO THE SATISFAC-
 TION OF THE DIVISION OF HOUSING AND COMMUNITY RENEWAL, AFTER  A  HEARING
 AT  WHICH  ALL PARTIES MAY PRESENT EVIDENCE THAT THE SUBJECT BUILDING IS
 IN A SUBSTANDARD OR SERIOUSLY DETERIORATED CONDITION, AND THAT THE OWNER
 intends in good faith to demolish  the  building  and  [has  obtained  a
 permit therefor from the department of buildings] SUBMITS PROOF PRIOR TO
 FILING  THE  APPLICATION  WITH  THE  DIVISION  OF  HOUSING AND COMMUNITY
 RENEWAL THAT PLANS AND IF  POSSIBLE,  THE  NECESSARY  PERMITS,  FOR  THE
 UNDERTAKING  HAVE  BEEN  APPROVED BY AND OBTAINED FROM THE DEPARTMENT OF
 BUILDINGS.  SUCH APPLICATION SHALL BE FILED AT LEAST NINETY  DAYS  PRIOR
 TO  THE  EXPIRATION  OF THE LEASE TERM; FOR THE PURPOSE OF THIS SUBPARA-
 GRAPH, "DEMOLISH" MEANS THE COMPLETE  RAZING  OF  THE  ENTIRE  BUILDING,
 INCLUDING  ALL EXTERIOR WALLS, IN ORDER TO CONSTRUCT A NEW BUILDING WITH
 THE SAME OR GREATER NUMBER OF RENTAL HOUSING UNITS;
   (2) THE  ORDER  GRANTING  THE  OWNER'S  DEMOLITION  APPLICATION  SHALL
 PROVIDE  THAT  THE OWNER MUST, AT THE TENANT'S OPTION, EITHER: (I) RELO-
 CATE THE TENANT TO AN EQUIVALENT OR  SUPERIOR  RENT  STABILIZED  HOUSING
 ACCOMMODATION  IN  A  CLOSELY  PROXIMATE  AREA,  OR IF A NEW RESIDENTIAL
 BUILDING IS BEING CONSTRUCTED ON THE SITE PROVIDE THE TENANT WITH  SUIT-
 ABLE  INTERIM HOUSING AT NO ADDITIONAL COST UNTIL A UNIT IS AVAILABLE IN
 THE NEW BUILDING; PROVIDE THAT THE AMOUNT OF RENT CHARGED FOR  THE  UNIT
 SHALL  BE  AT  THE  SAME  OR LOWER LEGAL REGULATED RENT; AND PROVIDE THE
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01066-01-3
              

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