2025-2026 Regular Session • New York Legislature
S00401
Legislative Summary
Establishes the "tenant opportunity to purchase act"; prevents the displacement of middle and lower-income tenants in New York and preserves affordable housing by providing an opportunity for tenants to own or remain renters in the properties in which they reside.
Demographic Impact
Overall analysis of equity impact
90% Positive
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Bill History
1/8/2025
REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
Senate
5/28/2025
REPORTED AND COMMITTED TO JUDICIARY
Senate
Roll Call Votes
Senate Housing, Construction And Community Development Committee Vote
5/28/2025
8
Yea
2
Nay
0
Not Voting
1
Absent
Result: PASSED
Status Information
Current Status
Introduced(1/8/2025)
Chamber
Senate
Committee
Judiciary(Senate)
Sponsors
Democrat: 21
Primary Sponsor
Zellnor Myrie
Democrat
Co-Sponsors (20)
Jamaal Bailey
Democrat
Jabari Brisport
Democrat
Samra Brouk
Democrat
Cordell Cleare
Democrat
Leroy Comrie
Democrat
Jeremy Cooney
Democrat
Nathalia Fernandez
Democrat
Michael Gianaris
Democrat
Kristen Gonzalez
Democrat
Michelle Hinchey
Democrat
Brad Hoylman-Sigal
Democrat
Robert Jackson
Democrat
Rachel May
Democrat
Jessica Ramos
Democrat
Gustavo Rivera
Democrat
Julia Salazar
Democrat
James Sanders
Democrat
Luis Sepulveda
Democrat
Jose Serrano
Democrat
Lea Webb
Democrat