Bill Text: NY A01959 | 2025-2026 | General Assembly | Introduced

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Bill Title: Reregulates units that were illegally deregulated from rent control or rent stabilization.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2025-01-14 - referred to housing [A01959 Detail]

Download: New_York-2025-A01959-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          1959

                               2025-2026 Regular Sessions

                   IN ASSEMBLY

                                    January 14, 2025
                                       ___________

        Introduced  by  M.  of  A.  ROSENTHAL  --  read once and referred to the
          Committee on Housing

        AN ACT to amend the administrative code of the city of New York and  the
          emergency  tenant protection act of nineteen seventy-four, in relation
          to reregulating  units  that  were  illegally  deregulated  from  rent
          control or rent stabilization

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. The administrative code of the city of New York is  amended
     2  by adding a new section 26-504.1 to read as follows:
     3    §  26-504.1 Reregulation of illegally deregulated units. Notwithstand-
     4  ing any other provision of law to the  contrary,  any  units  that  were
     5  previously  rent controlled or rent stabilized under this title and have
     6  since been deregulated, except for those  units  deregulated  under  any
     7  applicable  provision  of law, shall be returned to their status as rent
     8  stabilized or rent controlled units as such  units  were  prior  to  the
     9  deregulation.
    10    §  2.  Section  4 of chapter 576 of the laws of 1974, constituting the
    11  emergency tenant protection act of nineteen seventy-four, is amended  by
    12  adding a new section 5-a to read as follows:
    13    §  5-a.  Reregulation  of illegally deregulated units. Notwithstanding
    14  any other provision of law to the contrary, any units that  were  previ-
    15  ously  rent  controlled  or  rent stabilized under this chapter and have
    16  since been deregulated, except for those units to be  deregulated  under
    17  any  applicable  provision  of law, shall be returned to their status as
    18  rent stabilized or rent controlled units as such units were prior to the
    19  deregulation.
    20    § 3. This act shall take effect on the sixtieth  day  after  it  shall
    21  have become a law; provided that the amendments to chapter 4 of title 26
    22  of  the  administrative code of the city of New York made by section one
    23  of this act shall expire on the same date as such law expires and  shall
    24  not  affect  the expiration of such law as provided under section 26-520
    25  of such law.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05183-01-5