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NY S03593
Bill
Status
1/28/2025
Primary Sponsor
Gustavo Rivera
Click for details
AI Summary
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Requires landlords in New York City to provide commercial tenants with a written lease contract that includes property address, contact information for both parties, lease term dates, renewal options, monthly rent and due date, termination terms, additional fees, and responsibilities of both parties
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Allows commercial tenants to request that tenancy start dates and occupancy duration be included or excluded from the written contract
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Permits commercial tenants without a compliant written contract to withhold rent payment after 30 days without a contract
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Allows commercial tenants to fully suspend rent payments on the 61st day without a lease, with property owners forfeiting all rent payments for the period prior to lease issuance
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Applies to all commercial lease contracts entered into, renewed, modified, or amended after the effective date
Legislative Description
Ensures that commercial tenants receive a lease; defines terms within leases; establishes requirements for commercial lease contracts.
Last Action
REFERRED TO CITIES 1
1/7/2026