S T A T E   O F   N E W   Y O R K
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                                  4659--A
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                             February 10, 2025
                                ___________
 
 Introduced  by  Sens.  KAVANAGH, HOYLMAN-SIGAL, JACKSON, SALAZAR -- read
   twice and ordered printed, and when printed to  be  committed  to  the
   Committee  on  Housing,  Construction  and  Community  Development  --
   committee discharged, bill amended, ordered reprinted as  amended  and
   recommitted to said committee
 AN ACT to amend the emergency tenant protection act of  nineteen  seven-
   ty-four,  in relation to enacting the rent emergency stabilization for
   tenants act on local determinations of a housing emergency
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Short  title. This act shall be known and may be cited as
 the "rent emergency stabilization for tenants act".
   § 2. Section 3 of section 4 of  chapter  576  of  the  laws  of  1974,
 constituting  the  emergency  tenant protection act of nineteen seventy-
 four, subdivision a as amended by chapter 69 of the laws of 1980, subdi-
 visions d, f and g as added by chapter 698  of  the  laws  of  2023  and
 subdivision  e as amended by chapter 100 of the laws of 2024, is amended
 to read as follows:
   § 3. Local determination of emergency; end of emergency. a. The exist-
 ence of public emergency requiring the regulation of  residential  rents
 for all or any class or classes of housing accommodations, including any
 plot  or  parcel of land which had been rented prior to May first, nine-
 teen hundred fifty, for the purpose of permitting the tenant thereof  to
 construct or place [his] SUCH TENANT'S own dwelling thereon and on which
 plot  or  parcel of land there exists a dwelling owned and occupied by a
 tenant of such plot or parcel, heretofore  destabilized;  heretofore  or
 hereafter decontrolled, exempt, not subject to control, or exempted from
 regulation  and  control  under  the provisions of the emergency housing
 rent control law, the local emergency housing rent control  act  or  the
 New  York city rent stabilization law of nineteen hundred sixty-nine; or
 subject to stabilization or control under such rent  stabilization  law,
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05109-04-5
              
             
                          
                 S. 4659--A                          2
 
 shall  be  a  matter  for  local determination within each city, town or
 village. Any such determination shall be made by the  local  legislative
 body of such city, town or village on the basis of the supply of housing
 accommodations  within such city, town or village, the condition of such
 accommodations and the need for regulating and  controlling  residential
 rents within such city, town or village.
   [A]  B.  FOR  A  CITY HAVING A POPULATION OF ONE MILLION OR MORE RESI-
 DENTS, A declaration of emergency may be made as to any class of housing
 accommodations if the vacancy rate for  the  housing  accommodations  in
 such class within such municipality is not in excess of five percent and
 a  declaration of emergency may be made as to all housing accommodations
 if the vacancy rate for the housing accommodations within  such  munici-
 pality is not in excess of five percent.
   [b.]  C. FOR A CITY HAVING A POPULATION OF LESS THAN ONE MILLION RESI-
 DENTS OR A TOWN OR VILLAGE, THE LOCAL LEGISLATIVE  BODY  MAY  DECLARE  A
 HOUSING  EMERGENCY THROUGH THE PROCESS DESCRIBED IN PARAGRAPH ONE OR TWO
 OF THIS SUBDIVISION.  FOR SUCH A JURISDICTION WHERE A LOCAL  LEGISLATIVE
 BODY  HAS DECLARED A HOUSING EMERGENCY PURSUANT TO THIS ACT PRIOR TO THE
 EFFECTIVE DATE OF THIS SUBDIVISION, THE LOCAL LEGISLATIVE BODY  MAY  ADD
 CLASSES  OF ACCOMMODATION AS DESCRIBED IN PARAGRAPH 5-B OF SUBDIVISION A
 OF SECTION FIVE OF THIS ACT, THROUGH THE PROCESS DESCRIBED IN  PARAGRAPH
 1 OR 2 OF THIS SUBDIVISION.
   (1)  THE  LOCAL LEGISLATIVE BODY MAY DECLARE A HOUSING EMERGENCY AFTER
 CONSIDERING PUBLICLY AVAILABLE DATA AND HOLDING PUBLIC HEARINGS.  BEFORE
 DECLARING  SUCH  EMERGENCY,  THE  LOCAL  LEGISLATIVE BODY SHALL CONSIDER
 PUBLICLY AVAILABLE DATA MEASURING OR ESTIMATING FACTORS SUCH AS:   OVER-
 ALL  HOUSING SUPPLY, VACANCY RATE FOR HOUSING ACCOMMODATIONS, THE AVAIL-
 ABILITY OF AFFORDABLE AND HABITABLE HOUSING ACCOMMODATIONS, RENT BURDENS
 FOR TENANTS OR OTHER MEASURES OF HOUSING  AFFORDABILITY,  THE  LOCAL  OR
 REGIONAL  HOMELESSNESS  RATE,  AND  THE NEED FOR REGULATING RENTS WITHIN
 SUCH CITY, TOWN OR VILLAGE.
   (2) THE LOCAL LEGISLATIVE BODY MAY DECLARE  AN  EMERGENCY  AS  TO  ANY
 CLASS  OF  HOUSING  ACCOMMODATIONS  IF THE VACANCY RATE FOR SUCH HOUSING
 ACCOMMODATIONS IN SUCH CLASS WITHIN SUCH MUNICIPALITY IS NOT  IN  EXCESS
 OF  FIVE  PERCENT  AND  A DECLARATION OF EMERGENCY MAY BE MADE AS TO ALL
 HOUSING ACCOMMODATIONS IF THE VACANCY  RATE  FOR  THE  HOUSING  ACCOMMO-
 DATIONS WITHIN SUCH  MUNICIPALITY IS NOT IN EXCESS OF FIVE PERCENT.
   (I)  A MUNICIPALITY OR A DESIGNEE, AS PART OF A STUDY TO DETERMINE ITS
 VACANCY RATE, OWNERS, OR THEIR AGENT, OF HOUSING ACCOMMODATIONS  IN  THE
 CLASS  OF  HOUSING  ACCOMMODATIONS  DETERMINED,  SHALL  PROVIDE THE MOST
 RECENT RECORDS OF RENT ROLLS AND, IF AVAILABLE, RECORDS FOR THE  PRECED-
 ING  THIRTY-SIX MONTHS. SUCH RECORDS SHALL INCLUDE THE TENANT'S RELEVANT
 INFORMATION RELATING TO FINDING THE VACANCY RATE  OF  SUCH  MUNICIPALITY
 INCLUDING  BUT  NOT  LIMITED  TO  THE  NAME, ADDRESS, AND AMOUNT PAID OR
 CHARGED ON A WEEKLY, MONTHLY, OR ANNUAL BASIS FOR EACH OCCUPIED  HOUSING
 ACCOMMODATION AND WHICH HOUSING ACCOMMODATIONS ARE VACANT AT THE TIME OF
 THE  SURVEY  AND AVAILABLE FOR RENT. SUCH RECORDS SHALL ALSO INCLUDE ANY
 HOUSING ACCOMMODATIONS THAT ARE VACANT AND NOT AVAILABLE  FOR  RENT  AND
 PROVIDE THE REASON WHY SUCH UNIT IS NOT AVAILABLE FOR RENT.
   (II)  A  MUNICIPALITY  MAY IMPOSE A CIVIL PENALTY OR FEE OF UP TO FIVE
 HUNDRED DOLLARS ON AN OWNER OR THEIR AGENT IF SUCH OWNER OR THEIR  AGENT
 REFUSES  TO  PARTICIPATE  IN SUCH VACANCY SURVEY AND COOPERATE WITH SUCH
 MUNICIPALITY OR A DESIGNEE IN SUCH VACANCY SURVEY, OR SUBMITS  KNOWINGLY
 AND INTENTIONALLY FALSE VACANCY INFORMATION.
   (III) A NONRESPONDENT OWNER SHALL BE DEEMED TO HAVE ZERO VACANCIES.
 S. 4659--A                          3
 
   (IV)  IDENTIFYING  DATA  OR INFORMATION SHALL BE KEPT CONFIDENTIAL AND
 SHALL NOT BE SHARED, TRADED, GIVEN, OR SOLD TO ANY OTHER ENTITY FOR  ANY
 PURPOSE OUTSIDE OF SUCH VACANCY STUDY.
   D.  A CITY OF UNDER ONE MILLION RESIDENTS OR A TOWN OR VILLAGE MAY ADD
 CLASSES OF ACCOMMODATION TO  REGULATION  UNDER  THIS  ACT  IN  BUILDINGS
 CONTAINING FEWER THAN SIX UNITS.
   E. The local governing body of a city, town or village having declared
 an  emergency  pursuant to subdivision a, B, OR C of this section may at
 any time, on the basis of the supply of  housing  accommodations  within
 such city, town or village, the condition of such accommodations and the
 need  for  continued  regulation and control of residential rents within
 such municipality, declare  that  the  emergency  is  either  wholly  or
 partially  abated  or  that the regulation of rents pursuant to this act
 does not serve to abate such emergency and thereby remove  one  or  more
 classes of accommodations from regulation under this act. [The emergency
 must  be  declared at an end once the vacancy rate described in subdivi-
 sion a of this section exceeds five percent.
   c.] F. No resolution declaring the existence or end of  an  emergency,
 as  authorized  by  [subdivisions]  SUBDIVISION  a [and], b OR C of this
 section, may be adopted except after public hearing  held  on  not  less
 than  ten  days public notice, as the local legislative body may reason-
 ably provide.
   [d. When requested by a municipality or a designee, as  a  part  of  a
 study  to determine its vacancy rate, owners, or their agent, of housing
 accommodations in the class of housing accommodations determined,  shall
 provide the most recent records of rent rolls and, if available, records
 for  the  preceding  thirty-six  months.  Such records shall include the
 tenant's relevant information relating to finding the  vacancy  rate  of
 such  municipality  including  but not limited to the name, address, and
 amount paid or charged on a weekly, monthly, or annual  basis  for  each
 occupied  housing  accommodation  and  which  housing accommodations are
 vacant at the time of the survey and available for  rent.  Such  records
 shall  also  include  any housing accommodations that are vacant and not
 available for rent and provide the reason why such unit is not available
 for rent.
   e. A municipality may impose a civil penalty or  fee  of  up  to  five
 hundred  dollars  on an owner or their agent if the owner or their agent
 refuses to participate in such vacancy survey  and  cooperate  with  the
 municipality  or a designee in such vacancy survey, or submits knowingly
 and intentionally false vacancy information.
   f. A nonrespondent owner shall be deemed to have zero vacancies.
   g. Identifying data or information  shall  be  kept  confidential  and
 shall  not be shared, traded, given, or sold to any other entity for any
 purpose outside of such vacancy study.]
   § 3. Subdivision a of section 5 of section 4 of  chapter  576  of  the
 laws  of 1974, constituting the emergency tenant protection act of nine-
 teen  seventy-four, is amended by adding a new paragraph 5-b to read  as
 follows:
   (5-B)  HOUSING ACCOMMODATIONS LOCATED IN A CITY HAVING A POPULATION OF
 LESS THAN ONE MILLION RESIDENTS  OR  A  TOWN  OR  VILLAGE  IN  BUILDINGS
 COMPLETED OR BUILDINGS SUBSTANTIALLY REHABILITATED AS FAMILY UNITS WITH-
 IN THE PAST FIFTEEN YEARS.
   § 4. This act shall take effect immediately.
               
              
                
              
                       
              
As a housing provider and investor for the past thirty years this bill will 1) Have a negative effect on revenue generation as it will deter investment in housing. Investors and housing developers outside of "public housing providers' are PRIVATE investment sources that are in the business of housing. The nature of business is to make a profit to continue in business! Being in the business allows us to hire workers, buy materials, pay property taxes and pay our families expenses. The only way to solve the housing crisis and lowering rents is to create more housing supply. More supply, lower prices. This bill will do the opposite. THE TPA forced me to accept less risky tenants, increase the credit score and income to rent ratios requirements because I could not offset tenant risks with more of a deposit. So the decline rate increases. What gives the government the right to cap the rent I charge when I can't cap the expenses that increase my rent! (Property taxes, building materials, labor & compliance with endless beaucracy). I would leave the housing provider business and just invest my money in different investment vehicles with acceptable returns. I am not at all pleased with paying $25 a pound for steak, would lawmakers please pass a "Steak stabilization bill"