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NY A04028
Bill
Status
2/9/2023
Primary Sponsor
Harvey Epstein
Click for details
AI Summary
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Amends New York City Administrative Code section 26-511 to require landlords to establish to the Division of Housing and Community Renewal that they intend in good faith to demolish a building and construct a new building.
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Requires landlords to obtain a permit from the Department of Buildings for the demolition project and approved plans for the construction project before refusing to renew a lease.
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Requires landlords to demonstrate they have the financial ability to complete the demolition and construction projects.
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Takes effect on the ninetieth day after becoming law, with the amendments expiring on the same date as the underlying law.
Legislative Description
Requires landlords to show they have obtained permits for the demolition and construction of a new building and the financial ability to complete such projects when not renewing a lease.
Last Action
enacting clause stricken
7/24/2023