Establishes the large projects historic rehabilitation tax credit and the "white elephant" housing historic rehabilitation projects tax credit program for qualified rehabilitation expenditures totaling fifty million dollars or more with respect to a certified historic structure that has been vacant, as determined by local code enforcement or other reasonable means, for at least ten of fifteen consecutive years preceding the date of the taxpayer's application for the rehabilitation credit.
Directs the superintendent of financial services to conduct a study examining the feasibility of 40- and 50-year mortgages in the state of New York; requires such superintendent to submit a report of findings.
Establishes a fundamental right to counsel for all respondents facing eviction proceedings; mandates an automatic stay or adjournment on any housing court eviction proceedings if a tenant does not have an attorney.
Relates to the investigation of anonymous chronic complaints made to the 311 customer service center on conditions or circumstances with respect to a private building or real property with residential tenants.
Establishes a subpart to hear eviction matters related to affordable housing providers and small landlords; provides a subpart shall be in each borough of the city of New York; defines terms.
Enacts the "anti-slumlord act" which prohibits the acquisition of residential property by property owners with outstanding immediate hazardous violations; defines terms; establishes and requires a compliance certification form; sets forth recording requirements; provides for enforcement of provisions by the attorney general.
This bill directs New York City's rent guidelines board to use specific criteria when setting annual rent adjustments for rental properties. It requires the board to assess properties of all sizes, categorize owners by scale based on unit count, rent, and income, and publicly disclose the data sources used for decisions. Additionally, it restricts hardship rent increases to property owners with twenty or fewer units and bars limited liability companies and large real estate investors from receiving such increases. These changes aim to standardize how rent adjustments are calculated and limit financial relief to smaller landlords. The bill takes effect immediately but expires when the original section of the administrative code it amends does.
This bill creates a new program within the New York State Urban Development Corporation to provide funding for housing designed for people with mental and developmental disabilities. It authorizes the corporation to use up to $25 million from its community development financial institutions fund to support community development financial institutions that help build supportive and supervised living facilities. The program requires the corporation to work with state mental health and disability offices to create rules for how the money will be distributed. The changes will take effect 180 days after the bill becomes law, allowing time for necessary regulations to be prepared.
Provides that either party may be awarded attorneys' fees in the event of a default judgment in an action or summary proceeding arising out of leases of residential property where a tenant is a dwelling unit owner or shareholder of a cooperative housing corporation and the recovery of attorneys' fees is provided for in the proprietary lease or occupancy agreement.
Authorizes the commissioner of general services to convey real property at the former Buffalo psychiatric center to the Richardson Center Corporation for the purposes of constructing a mixed-use campus for the community benefit.
