Comments: NY A06956 | 2023-2024 | General Assembly

Bill 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.

Spectrum: Partisan Bill (Democrat 7-0)

Status: (Introduced) 2024-01-03 - referred to housing [A06956 Detail]

Text: Latest bill text (Introduced) [HTML]

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