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.

AB 1867 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

New York 2025-2026 General Assembly

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Introduced 01/14/2025

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Assembly Housing Committee: Favorable

02/11/2025

Yeas: 18 | Nays: 9
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