New York bills · 2025 Regular Session
New York A 7527
Provides an alternative hardship allowance based on 8 1/2% of assessed value
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- Michael J. Fitzpatrick (Republican)
Cosponsors (1)
- Chris Tague (Republican)
Summary
Official abstract published by the New York legislature
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.
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 7, 2026 · House
REFERRED TO HOUSING - Apr 1, 2025 · House
REFERRED TO HOUSING