S 7560: Requires landlords of certain properties to furnish New York homes and community renewal with data pertaining to succession rights.

  
  STATE OF NEW YORK ________________________________________________________________________ 7560 2025-2026 Regular Sessions  IN SENATE April 22, 2025 ___________ Introduced by Sen. CLEARE -- read twice and ordered printed, and when printed to be committed to the Committee on Judiciary AN ACT to amend the real property law, in relation to succession rights data The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The real property law is amended by adding a new section 2 235-k to read as follows: 3 § 235-k. Succession rights data. A landlord of a building containing 4 five or more rental units shall submit a quarterly report to New York 5 homes and community renewal in a form prescribed by the commissioner of 6 such agency indicating the number of applications for right of 7 succession such landlord received over the course of the previous three 8 months, the date such applications were received, whether such applica- 9 tions were granted or denied and, if denied, the reasons given for such 10 denial. 11 For the purposes of this section, "right of succession" shall mean the 12 right to a rent stabilized renewal lease or protection from eviction in 13 an apartment under rent control redounding to the benefit of an eligible 14 family member of the tenant having occupied such apartment immediately 15 prior to permanently vacating such apartment or immediately prior to 16 such tenant's death. 17 § 2. This act shall take effect on the first of January next succeed- 18 ing the date on which it shall have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02286-01-5