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S 2134 NY
Passed Legislature

Relates to requirements for a building owner to refuse to renew a lease under the real estate industry stabilization code

NY · session 2025-2026 · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 15, 2025

Latest action (Jun 1, 2026) REFERRED TO HOUSING

Summary

This bill adds requirements for building owners who refuse to renew leases under the real estate industry stabilization code. The legislation requires owners of buildings scheduled for demolition to prove they have the financial ability to complete the demolition. Building owners must demonstrate financial capacity before refusing to renew a lease based on planned demolition. The bill establishes financial verification requirements for property owners seeking to end leases for demolition purposes.

AI-generated plain-language summary of the bill (from the OpenStates abstract — no full text available yet) — neutral, and may be imperfect.

Official abstract

Relates to requirements for a building owner to refuse to renew a lease under the real estate industry stabilization code; requires the owner of a building to be demolished to prove that such owner has the financial ability to complete demolition of the building.

Sponsor (1)

1 coauthor / cosponsor

Action history (18)

  1. Jan 15, 2025 REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT · upper
  2. Apr 28, 2025 REPORTED AND COMMITTED TO CITIES 1 · upper
  3. May 20, 2025 AMEND AND RECOMMIT TO CITIES 1 · upper
  4. May 20, 2025 PRINT NUMBER 2134A · upper
  5. Jun 10, 2025 COMMITTEE DISCHARGED AND COMMITTED TO RULES · upper
  6. Jun 10, 2025 ORDERED TO THIRD READING CAL.1732 · upper
  7. Jun 10, 2025 PASSED SENATE · upper
  8. Jun 10, 2025 DELIVERED TO ASSEMBLY · upper
  9. Jun 10, 2025 REFERRED TO HOUSING · lower
  10. Jan 7, 2026 DIED IN ASSEMBLY · lower
  11. Jan 7, 2026 RETURNED TO SENATE · lower
  12. Jan 7, 2026 REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT · upper
  13. Mar 18, 2026 1ST REPORT CAL.576 · upper
  14. Mar 19, 2026 2ND REPORT CAL. · upper
  15. Mar 23, 2026 ADVANCED TO THIRD READING · upper
  16. Jun 1, 2026 PASSED SENATE · upper
  17. Jun 1, 2026 DELIVERED TO ASSEMBLY · upper
  18. Jun 1, 2026 REFERRED TO HOUSING · lower

Full text

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