Int 0959-2009
Responsibilities of entities commencing action to recover real property in foreclosure actions.
IntroductionFiledCommittee on Housing and Buildingsintroduced 2009-04-02
Filed — closed without being enacted.
Official record · Legistar
Agenda: 2009-04-02Passed: 2009-12-31
Committee on Housing and Buildings — Department of Housing Preservation and Development, Department of Buildings and rent regulation.
How it compares
16% of similar bills passed
8 passed · 42 died
This bill: 272 days in committee
Similar bills: median 673 days · 184 days when passed
Compared against 50 Introduction bills in Committee on Housing and Buildings.
Ranked by how closely each matches this bill's topic — closest first:
Int 0889-2008
Responsibilities of entities commencing action to recover real property in foreclosure actions.
386dFiled
Int 0956-2009
Responsibilities of notification to tenants by entities commencing action to recover real property in foreclosure actions.
281dFiled
Int 0500-2011
Responsibilities of a mortgagee commencing an action to recover residential real property.
1014dFiled
Int 0501-2011
Notification by a mortgagee commencing an action to recover residential real property.
300dEnacted
Int 0494-2011
Requiring the posting of a bond to ensure compliance with building and maintenance requirements by holders of mortgages commencing foreclosure actions.
1035dFiled
Int 0109-2022
Reporting of foreclosing residential properties to council members.
647dFiled
+ 44 more comparable bills
Sponsors (10)
Lifecycle
IntroducedIntroduced by Council
2009-04-02 · City Council
ActionReferred to Comm by Council
2009-04-02 · City Council
HeardHearing Held by Committee
2009-04-21 · Committee on Housing and Buildings
HeldLaid Over by Committee
2009-04-21 · Committee on Housing and Buildings
ClosedFiled (End of Session)
2009-12-31 · City Council
Heard at (2)
Committee on Housing and Buildings · 2009-04-21 · 1:00 PM · Council Chambers - City Hall
City Council · 2009-04-02 · 1:30 PM · Council Chambers - City Hall
Attachments (4)
- Committee Report 4/21/09
- Hearing Testimony - David B. Hanzel 4/21/09
- Hearing Transcript 4/21/09
- Hearing Testimony 4/21/09
Full text
Be it enacted by the Council as follows:
Section 1. Article 2 of subchapter 4 of chapter 2 of title 27 of the administrative code of the city of New York is amended by adding a new section 27-2109.3 to read as follows:
§27-2109.3 Requirements of entities commencing foreclosure actions. a. Any entity or individual which initiates an action for foreclosure of one or more buildings with six or more dwelling units in total must notify all tenants residing in any or all such buildings in such a foreclosure proceeding within ten days of the bringing of such action. Such notification shall be done by mail, return receipt requested. as well as by affixing such notice prominently at each such building. The commissioner shall promulgate rules with regard to what is required to be written on such notice and the precise location where such notice may be placed. However, at a minimum, such notification shall include a copy of the notice of default in payment of the mortgage being foreclosed upon that was served on the defendant or defendants of such action, along with a copy of any such summonses filed in the foreclosure action regarding such building. In addition, such notification shall also include at a minimum, a statement of the rights of the tenants under all laws relating to mortgage foreclosures, and at least one appropriate governmental entity to which tenants may direct any questions. The commissioner shall promulgate rules to determine precisely which rights shall be listed and what governmental entity shall be listed on such notice.
b. Any individual or entity who fails to provide notice as required by this section shall be subject to a civil penalty not to exceed one thousand dollars for each day that there is such failure. However, a failure to provide such notice shall not in any way be deemed to affect an action to foreclose a mortgage pending in a court of competent jurisdiction, and any orders of such a court shall be deemed to take precedence over this section.
c. The provisions of this section shall not apply to any foreclosure actions brought by any governmental entity.
§2. This local law shall take effect immediately after enactment.
LF
LS #6571
3/30/09