NY A03700

Declares housing a basic human right and finds that "warehousing" (intentionally withholding housing from the market) has contributed to housing shortages in New York State, particularly in New York City.

Makes it unlawful to intentionally withhold a housing accommodation from the market, including withholding for purposes of future co-operative apartment conversion, in addition to existing harassment prohibitions.

Establishes civil penalties of $2,000 to $3,000 for first offense and $10,000 to $11,000 for subsequent offenses or violations involving multiple housing accommodations, enforced through administrative order after hearing.

Applies penalties under both the Rent Stabilization Law of 1969 and the Emergency Tenant Protection Act of 1974.

Takes effect immediately, with provisions tied to the duration of the public emergency housing declaration and expiration dates of applicable rent control laws.