NY A02611

Extends the existing landlord duty to mitigate damages from residential leases only to include commercial leases by removing the phrase "covering premises occupied for dwelling purposes" from the law

Requires landlords to make reasonable, good-faith efforts to re-rent vacated premises at fair market value or the original lease rate, whichever is lower, when any tenant breaks a lease

Terminates the previous tenant's lease and liability for damages once a new tenant's lease takes effect on the premises

Places the burden of proof on the party seeking to recover damages in disputes over lease violations

Voids any lease provisions that attempt to exempt landlords from the duty to mitigate damages, declaring such clauses contrary to public policy