NY A06956 | 2023-2024 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on May 9 2023 - 25% progression
Action: 2024-01-03 - referred to housing
Pending: Assembly Housing Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Authorizes a city of one million or more to remove the cap on the floor area ratio of certain dwellings being converted from non-residential to residential units; requires that no less than 40% of such units remain affordable for those who are below 60% of the area median income; requires certain labor standards in converting such units; prohibits conversion of floor area ration under certain circumstances.

Tracking Information

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Title

Authorizes a city of one million or more to remove the cap on the floor area ratio of certain dwellings being converted from non-residential to residential units; requires that no less than 40% of such units remain affordable for those who are below 60% of the area median income; requires certain labor standards in converting such units; prohibits conversion of floor area ration under certain circumstances.

Sponsors


History

DateChamberAction
2024-01-03Assemblyreferred to housing
2023-05-09Assemblyreferred to housing

New York State Sources


Bill Comments

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