Authorizes the town of Clarkstown to establish community preservation funds and to impose a real estate transfer tax with revenues therefrom to be deposited in the community preservation fund; provides for the repeal of certain provisions upon expiration thereof.
Enacts the "sustainable affordable housing and sprawl prevention act"; exempts or limits environmental review under SEQR for the construction of certain new residential units to avoid creating unnecessary housing sprawl; limits certain rights to action under SEQR; makes related provisions.
This bill restricts the use of smart access systems in multiple dwellings by prohibiting the collection and use of biometric data, such as fingerprints or facial scans, for entry purposes. It requires that all tenants and lawful occupants receive physical or digital keys at no cost and mandates that owners provide a non-electronic entry method upon request for religious reasons. Additionally, the legislation limits the number of free keys available for guests and employees while requiring owners to establish clear policies explaining how these systems operate and are managed.
Extends the effectiveness of the authority of the town of Red Hook to impose real estate transfer taxes and to deposit revenue from such taxes into a community preservation fund.
Authorizes municipalities to establish an emergency repair pilot program; enables municipalities to repair immediately hazardous code violations in buildings where the owner has not undertaken such repairs in a reasonable time.
This bill makes technical updates to New York's good cause eviction law, primarily refining how rent increases and exemptions are calculated. It clarifies that rent increases must not exceed 245% of the fair market rent (published by HUD), adjusts the inflation index formula for rent adjustments (using specific regional CPI data), and defines "consummated" for condo/co-op conversions. These changes directly affect landlords and tenants in residential units covered by the law, including condos, co-ops, and properties with rent-regulated units. The bill ensures clearer implementation of existing protections by updating technical definitions and calculation methods.
Relates to requirements for a building owner to refuse to renew a lease under the real estate industry stabilization code; requires the owner of a building to be demolished to prove that such owner has the financial ability to complete demolition of the building.
Relates to treatment of gains from qualified opportunity zones in calculating taxable income; removes exclusion of gains on property in qualified opportunity zones in calculation of income.
Extends the authority for the town of Brookhaven to impose a real estate transfer tax with revenues therefrom to be deposited into a community preservation fund until 2045.
Relates to unlawful tenancies under the emergency tenant protection act of 1974; prohibits owners from entering or renewing leases where such owner has reason to know that such tenant will not occupy the housing accommodation as the tenant's primary residence.
