Establishes a division of the public administrator within the office of the corporation counsel for the city of New York; repealer

This bill creates a new division of the public administrator within New York City's Office of the Corporation Counsel. It directly affects city administration and individuals needing estate management when no will exists, particularly for small estates. The division will handle tasks like distributing assets without full court proceedings for small estates (under $500 value), managing unclaimed property, and filing simplified accountings. The director, appointed by the mayor, will have specific legal powers to act as a fiduciary for estates, including selling property and distributing funds, streamlining processes previously handled under different rules.