Housing (Historic Preservation)

in committee · New York · Assembly May 12, 2026

A 10999: Enacts the "teardown tax act"

Enacts the "teardown tax act"; establishes a dwelling unit removal surcharge on the conversion of multiple dwelling units into single-family dwellings in the city of New York.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill introduces a new surcharge on dwelling removal, increasing taxes on housing market activities and restricting fiscal flexibility.95% confidence ✗ HousingOpposes HousingThe bill imposes a surcharge on removing dwelling units, which discourages demolition and limits the supply of housing units, thereby restricting housing development and availability.90% confidence

Sub-Topics Fees & Licensing Historic Preservation Zoning

Track

in committee · New York · Senate May 12, 2026

S 9867: Enacts the "teardown tax act"

Enacts the "teardown tax act"; establishes a dwelling unit removal surcharge on the conversion of multiple dwelling units into single-family dwellings in the city of New York.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill imposes a new surcharge (tax) on property removal, restricting fiscal flexibility and increasing tax burden.90% confidence ✗ HousingOpposes HousingThe bill imposes a surcharge on removing dwelling units, which restricts the supply of housing and limits development opportunities.95% confidence

Sub-Topics Fees & Licensing Historic Preservation

Track