Assembly Bill A1464

2011-2012 Legislative Session

Requires the rent guidelines board to take other sources of income received by landlords from commercial rents and unregulated residential units into account when establishing annual calculations

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Sponsored By

Archive: Last Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2011-A1464 (ACTIVE) - Details

See Senate Version of this Bill:
S3119
Current Committee:
Assembly Housing
Law Section:
New York City Administrative Code
Laws Affected:
Amd ยง26-510, NYC Ad Cd
Versions Introduced in Other Legislative Sessions:
2009-2010: A5450
2013-2014: A745, S1805
2015-2016: A594, S3037
2017-2018: A3219
2019-2020: A1392
2021-2022: A3262
2023-2024: A1212

2011-A1464 (ACTIVE) - Summary

Requires the rent guidelines board to take other sources of income received by landlords from commercial rents and unregulated residential units into account when establishing annual calculations.

2011-A1464 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  1464

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                            January 10, 2011
                               ___________

Introduced  by  M. of A. ROSENTHAL, MILLMAN, CLARK, GOTTFRIED, KAVANAGH,
  DINOWITZ, MAYERSOHN,  KELLNER  --  Multi-Sponsored  by  --  M.  of  A.
  BOYLAND,  COLTON,  GLICK,  ROBINSON,  TOWNS,  WRIGHT  -- read once and
  referred to the Committee on Housing

AN ACT to amend the administrative code of the  city  of  New  York,  in
  relation  to requiring the rent guidelines board to take other sources
  of income received by landlords from commercial rents and  unregulated
  residential units into account when establishing annual calculations

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Paragraph 3 of subdivision  b  of  section  26-510  of  the
administrative  code  of  the city of New York is renumbered paragraph 4
and a new paragraph 3 is added to read as follows:
  (3) ALL OTHER SOURCES OF  INCOME  FROM  BUILDINGS  CONTAINING  HOUSING
ACCOMMODATIONS  SUBJECT  TO  THIS  LAW  INCLUDING,  BUT  NOT LIMITED TO,
COMMERCIAL RENTS AND RENT FROM UNREGULATED RESIDENTIAL  UNITS,  AND  THE
EXTENT TO WHICH SUCH CHANGES OFFSET CHANGES IN COST,
  S  2.  This act shall take effect immediately, provided, however, that
the amendments to section 26-510 of chapter 4 of title 26 of the  admin-
istrative  code  of the city of New York made by section one of this act
shall expire on the same date as such law expires and shall  not  affect
the expiration of such law as provided under section 26-520 of such law.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01784-01-1

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