NY A05905

Requires affordable units in 421-a tax abatement projects to be proportionally dispersed throughout the building and prohibits concentrating them on certain floors, buildings, or areas

Mandates that affordable units have equal access to common spaces, amenities, and entrances/exits as market-rate units

Allows New York City Council to waive the distribution and equal access requirements for any project by majority vote

Applies retroactively to require existing projects to comply with the equal access provision, regardless of when completed

Takes effect immediately and applies to projects still under construction as of the effective date