Relates to requiring landlords of certain properties to furnish New York homes and community renewal with data pertaining to succession rights

This bill requires landlords of buildings with five or more rental units to submit quarterly reports to New York Homes and Community Renewal. The reports must include the number of applications for "succession rights" received, the dates of those applications, whether they were granted or denied, and the reasons for denials. Succession rights refer to the ability of a family member to take over a rent-stabilized apartment after a tenant moves out or dies. Landlords must provide this data in a form specified by the agency, directly affecting multi-unit property owners and tenants seeking to inherit rent-stabilized housing. The bill takes effect January 1st following its enactment.