S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5887
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               March 1, 2021
                                ___________
 
 Introduced by M. of A. JOYNER -- read once and referred to the Committee
   on Housing
 
 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:

   Section  1.  The  real property law is amended by adding a new section
 235-i to read as follows:
   § 235-I. SUCCESSION RIGHTS DATA. A LANDLORD OF A  BUILDING  CONTAINING
 FIVE  OR  MORE  RENTAL UNITS SHALL SUBMIT A QUARTERLY REPORT TO NEW YORK
 HOMES AND COMMUNITY RENEWAL IN A FORM PRESCRIBED BY THE COMMISSIONER  OF
 SUCH   AGENCY  INDICATING  THE  NUMBER  OF  APPLICATIONS  FOR  RIGHT  OF
 SUCCESSION SUCH LANDLORD RECEIVED OVER THE COURSE OF THE PREVIOUS  THREE
 MONTHS,  THE DATE SUCH APPLICATIONS WERE RECEIVED, WHETHER SUCH APPLICA-
 TIONS WERE GRANTED OR DENIED AND, IF DENIED, THE REASONS GIVEN FOR  SUCH
 DENIAL.
   FOR THE PURPOSES OF THIS SECTION, "RIGHT OF SUCCESSION" SHALL MEAN THE
 RIGHT  TO A RENT STABILIZED RENEWAL LEASE OR PROTECTION FROM EVICTION IN
 AN APARTMENT UNDER RENT CONTROL REDOUNDING TO THE BENEFIT OF AN ELIGIBLE
 FAMILY MEMBER OF THE TENANT HAVING OCCUPIED SUCH  APARTMENT  IMMEDIATELY
 PRIOR  TO  PERMANENTLY  VACATING  SUCH APARTMENT OR IMMEDIATELY PRIOR TO
 SUCH TENANT'S DEATH.
   § 2. This act shall take effect on the first of January next  succeed-
 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.
                                                            LBD03574-01-1