S 1147 creates a new tax credit for New York City residents (population over 1 million) who own or rent their primary home. The credit reduces state tax liability based on a portion of property taxes paid, after subtracting a threshold amount tied to household income. Eligibility requires living in the home for six+ months, meeting income limits, and filing state taxes. The credit applies only to property taxes on primary residences within NYC, with specific definitions for household income and tax calculations.
Provides that no landlord shall deny access to a licensed professional engineer or licensed registered architect hired by any tenant or tenant association representing tenants of a multiple dwelling of six units or more for the purpose of conducting an inspection of a major capital improvement for which an application for a maximum rent adjustment has been filed by the landlord; provides that such inspection shall be conducted after notice to the landlord and during normal business hours; provides for the filing of such inspection report by such tenants with the New York city rent agency or the state division of housing and community renewal for consideration in such application's determination.
Prohibits landlords from including incorrect information relating to rent decontrol in certain leases and renewals thereof; imposes a violation punishable by a fine of $1000 for a violation by a landlord; requires the standardization of certain notices pertaining to units subject to the Affordable New York Housing Program.
This bill requires landlords seeking rent increases based on major building improvements to submit all required documentation within 120 days of completing the work. It directly affects property owners in New York City who want to request higher rents under rent control laws for capital improvements like heating, plumbing, or roofing systems. The key provision sets a strict 120-day deadline for submitting paperwork - failure to meet this window means the rent increase request cannot be approved. The bill does not change the maximum allowable rent increase amount but adds this procedural deadline to ensure timely processing.
Provides penalties when a landlord of a residential premises refuses to rent to a potential tenant on the basis that the potential tenant was involved in a past or pending landlord-tenant action or summary proceeding.
Prohibits requiring that an individual have a court proceeding initiated against them in order to qualify for a rent arrears grant or ongoing rental assistance.
Requires landlords to furnish each tenant either renewing or entering into a lease with a rider describing the rights and duties of landlords and tenants; requires the rider to conform to the intent of section 5-702 of the general obligations law.
Prohibits surcharges on self-installed dishwashers in housing accommodations subject to rent control when the tenant pays for electric utility service.
This bill extends the funding deadline for New York's COVID-19 emergency rental assistance program, keeping it operational through September 30, 2025. It directly affects renters and landlords who rely on this state-funded program to cover housing costs during the pandemic emergency. The key provision amends an existing law to delay the expiration of specific program provisions, ensuring continued eligibility for assistance until the new deadline. The extension applies to the state's emergency rental assistance program established under prior legislation.
Requires landlords to provide tenants with a rent ledger containing a detailed record, including the amount, date and method of payment, of all financial transactions between such lessee and lessor, including rent payments, late fees, and security deposits.
