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NY A00729

Bill

Status

Introduced

1/11/2023

Primary Sponsor

Linda Rosenthal

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Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Adds new section 26-504.1 to New York City Administrative Code requiring units previously rent controlled or rent stabilized to be returned to that status if they were illegally deregulated
  • Adds new section 5-a to the Emergency Tenant Protection Act of 1974 with the same reregulation requirement for units deregulated in violation of law
  • Excludes from reregulation any units that were deregulated under applicable provisions of law
  • Takes effect 60 days after becoming law, with the administrative code amendments expiring on the same date as the rent stabilization law itself expires per section 26-520

Legislative Description

Reregulates units that were illegally deregulated from rent control or rent stabilization.

Last Action

referred to housing

1/3/2024

Committee Referrals

Housing1/11/2023

Full Bill Text

No bill text available