2025-2026 Regular SessionNew York Legislature

S02433

Legislative Summary

Limits the amount of rent increases for residential ground lease cooperative apartment buildings; establishes certain rights upon the expiration of such leases.

Demographic Impact

Overall analysis of equity impact

70% Positive
High ConfidenceView detailed demographic breakdown ↓

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Bill History

1/17/2025
REFERRED TO JUDICIARY
Senate
4/7/2025
1ST REPORT CAL.634
Senate
4/8/2025
2ND REPORT CAL.
Senate
4/9/2025
ADVANCED TO THIRD READING
Senate