2025-2026 Regular Session • New York Legislature
A07527
Legislative Summary
Provides for an alternative hardship allowance for landlords in New York city rent controlled apartments which allows a hardship rent increase where a building's annual net income is less than 8.5 percent of the equalized assessed value.
Demographic Impact
Overall analysis of equity impact
Neutral
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Bill History
4/1/2025
referred to housing
Assembly
Status Information
Current Status
Introduced(4/1/2025)
Chamber
Assembly
Committee
Housing(Assembly)
