Bill Text: NY S04032 | 2013-2014 | General Assembly | Introduced


Bill Title: Requires the stabilization code in the city of New York to provide for the automatic renewal, at the option of the owner, of leases not timely renewed.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2014-01-08 - REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT [S04032 Detail]

Download: New_York-2013-S04032-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         4032
                              2013-2014 Regular Sessions
                                   I N  S E N A T E
                                     March 5, 2013
                                      ___________
       Introduced  by  Sen.  YOUNG  -- read twice and ordered printed, and when
         printed to be committed to the Committee on Housing, Construction  and
         Community Development
       AN  ACT  to  amend  the  administrative code of the city of New York, in
         relation to requiring that the stabilization code  provide  that  upon
         the  failure  of the tenant to timely renew his or her lease or rental
         agreement, such lease or agreement may be deemed to have been renewed
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1. Subdivision c of section 26-511 of the administrative code
    2  of the city of New York is amended by adding a new paragraph 15 to  read
    3  as follows:
    4    (15)  PROVIDES  THAT, NOTWITHSTANDING THE PROVISIONS OF ANY OTHER LAW,
    5  WHERE THE TENANT FAILS TO TIMELY  RENEW  AN  EXPIRING  LEASE  OR  RENTAL
    6  AGREEMENT  OFFERED  PURSUANT TO THIS LAW, AND REMAINS IN OCCUPANCY AFTER
    7  EXPIRATION OF THE LEASE, SUCH LEASE OR RENTAL AGREEMENT MAY BE DEEMED TO
    8  HAVE BEEN RENEWED UPON THE SAME TERMS AND CONDITIONS, AT THE LEGAL REGU-
    9  LATED RENT, TOGETHER WITH ANY GUIDELINES  ADJUSTMENTS  THAT  WOULD  HAVE
   10  BEEN  APPLICABLE  HAD THE OFFER OF A RENEWAL LEASE BEEN TIMELY ACCEPTED.
   11  THE EFFECTIVE DATE OF THE RENT ADJUSTMENT UNDER THE DEEMED RENEWAL LEASE
   12  SHALL COMMENCE ON THE FIRST RENT PAYMENT DATE  OCCURRING  NO  LESS  THAN
   13  NINETY  DAYS  AFTER SUCH OFFER IS MADE BY THE OWNER. NOTWITHSTANDING THE
   14  FOREGOING, AN OWNER MAY ELECT TO COMMENCE AN  ACTION  OR  PROCEEDING  TO
   15  RECOVER  POSSESSION  OF  A HOUSING ACCOMMODATION IN A COURT OF COMPETENT
   16  JURISDICTION WHERE THE TENANT, UPON THE EXPIRATION OF THE EXISTING LEASE
   17  OR RENTAL AGREEMENT, FAILS TO TIMELY RENEW  SUCH  LEASE  IN  THE  MANNER
   18  PRESCRIBED BY LAW.
   19    S  2.  This  act shall take effect on the thirtieth day after it shall
   20  have become a law; and provided that the amendments to section 26-511 of
   21  chapter 4 of title 26 of the administrative code of the city of New York
   22  made by section one of this act shall expire on the same  date  as  such
   23  law  expires and shall not affect the expiration of such law as provided
   24  under section 26-520 of such law.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD07144-01-3
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