Int 0059-2018
Required disclosures by persons making buyout offers.
IntroductionEnactedCommittee on Housing and Buildingsintroduced 2018-01-31Local Law 2019/101
Enacted as Local Law 2019/101.
Official record · Legistar
Agenda: 2018-01-31Passed: 2019-06-08Enacted: 2019-06-08
Summary
This bill would require the Department of Housing Preservation and Development to report on median asking rents, disaggregated by community district and number of bedrooms. This bill would also require persons making buyout offers to make certain disclosures.
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: 460 days in committee
Similar bills: median 663 days · 541 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 1105-2016
Required disclosures by persons making buyout offers.
662dFiled
Int 0572-2024
Requiring increased transparency regarding the sale of housing development fund company units.
664dFiled
Int 0327-2022
Requiring increased transparency regarding the sale of housing development fund company units.
605dFiled
Int 1113-2016
Requiring increased transparency regarding the sale of housing development fund company units.
662dFiled
Int 0248-2018
Requiring increased transparency regarding the sale of housing development fund company units.
1430dFiled
Int 0576-2014
Disclosure of information regarding buyout agreements.
1119dFiled
+ 44 more comparable bills
Sponsors (7)
Lifecycle
IntroducedIntroduced by Council
2018-01-31 · City Council
ActionReferred to Comm by Council
2018-01-31 · City Council
HeardHearing Held by Committee
2018-12-13 · Committee on Housing and Buildings
HeldLaid Over by Committee
2018-12-13 · Committee on Housing and Buildings
HeardHearing Held by Committee
2019-05-07 · Committee on Housing and Buildings
ActionAmendment Proposed by Comm
2019-05-07 · Committee on Housing and Buildings
ActionAmended by Committee
2019-05-07 · Committee on Housing and Buildings
AdvancedApproved by Committee
2019-05-07 · Committee on Housing and Buildings
AdvancedApproved by Council
2019-05-08 · City Council
ActionSent to Mayor by Council
2019-05-08 · City Council
AdvancedCity Charter Rule Adopted
2019-06-08 · Administration
ActionReturned Unsigned by Mayor
2019-06-11 · City Council
Votes (60)
Aye (53)
James G. Van BramerDiana I. AyalaAntonio ReynosoAdrienne E. AdamsRory I. LancmanCorey D. JohnsonAlicka Ampry-Samuel Inez D. BarronFernando Cabrera Margaret S. ChinAndrew CohenCosta G. ConstantinidesRobert E. Cornegy, Jr.Laurie A. CumboChaim M. DeutschRuben Diaz, Sr.Daniel Dromm Rafael L. Espinal, Jr.Mathieu EugeneVanessa L. GibsonBarry S. GrodenchikRobert F. HoldenBen KallosAndy L. KingPeter A. KooKaren KoslowitzBrad S. LanderMark LevineAlan N. MaiselCarlos MenchacaI. Daneek MillerFrancisco P. MoyaBill PerkinsKeith Powers Donovan J. RichardsCarlina Rivera Ydanis A. RodriguezDeborah L. RoseHelen K. RosenthalRafael Salamanca, Jr.Ritchie J. TorresMark TreygerPaul A. ValloneKalman Yeger Barry S. GrodenchikRobert E. Cornegy, Jr.Fernando Cabrera Margaret S. ChinRafael L. Espinal, Jr.Bill PerkinsCarlina Rivera Helen K. RosenthalRitchie J. Torres
Nay (2)
Joseph C. BorelliSteven Matteo
Absent (1)
Eric A. Ulrich
Excused (4)
Stephen T. LevinJustin L. BrannanMark Gjonaj Mark Gjonaj
Heard at (5)
City Council · 2019-05-08 · 1:30 PM · Council Chambers - City Hall
Committee on Housing and Buildings · 2019-05-07 · 10:00 AM · 250 Broadway - Committee Rm, 14th Fl.
Committee on Housing and Buildings · 2018-12-13 · 10:30 AM · Council Chambers - City Hall
Committee on Housing and Buildings · 2018-12-06 · 10:00 AM · Council Chambers - City Hall
City Council · 2018-01-31 · 1:30 PM · Council Chambers - City Hall
Attachments (20)
- Summary of Int. No. 59-A
- Summary of Int. No. 59
- Int. No. 59
- January 31, 2018 - Stated Meeting Agenda
- Hearing Transcript - Stated Meeting 01-31-2018
- Minutes of the Stated Meeting - January 31, 2018
- Committee Report 12/13/18
- Hearing Testimony 12/13/18
- Hearing Transcript 12/13/18
- Proposed Int. No. 59-A - 5/9/19
- Committee Report 5/7/19
- Hearing Transcript 5/7/19
- Committee Report - Stated Meeting
- May 8, 2019 - Stated Meeting Agenda with Links to Files
- Hearing Transcript - Stated Meeting 5-8-19
- Minutes of the Stated Meeting - May 8, 2019
- Int. No. 59-A (FINAL)
- Fiscal Impact Statement
- Legislative Documents - Letter to the Mayor
- Local Law 101
Full text
Be it enacted by the Council as follows:
Section 1. Subparagraph f-2 of paragraph 48 of subdivision a of section 27-2004 of the administrative code of the city of New York, as added by local law number 82 of 2015, is amended to read as follows:
f-2. contacting any person lawfully entitled to occupancy of such dwelling unit to offer money or other valuable consideration to induce such person to vacate such dwelling unit or to surrender or waive any rights in relation to such occupancy, unless such owner discloses to such person in writing (i) at the time of the initial contact, and (ii) in the event that contacts continue more than 180 days after the prior written disclosure, at the time of the first contact occurring more than 180 days after the prior written disclosure:
(1) the purpose of such contact,
(2) that such person may reject any such offer and may continue to occupy such dwelling unit,
(3) that such person may seek the guidance of an attorney regarding any such offer and may, for information on accessing legal services, refer to The ABCs of Housing guide on the department's website,
(4) that such contact is made by or on behalf of such owner, [and]
(5) that such person may, in writing, refuse any such contact and such refusal would bar such contact for 180 days, except that the owner may contact such person regarding such an offer if given express permission by a court of competent jurisdiction or if notified in writing by such person of an interest in receiving such an offer[;],
(6)(i) the median asking rent for a dwelling unit in the same community district, provided that the department has reported such data pursuant to section 27-2096.2, within the previous twelve-month period; or (ii) the median asking rent for a dwelling unit in the same community district with the same number of bedrooms, provided that the department has reported such data, pursuant to section 27-2096.2, within the previous twelve-month period,
(7) that there is no guarantee that such person will be able to rent a dwelling unit in the same community district with the same number of bedrooms as the dwelling unit that such person is currently lawfully entitled to occupancy of, for the same rent such person is paying at the time of such contact, and
(8) that additional factors may impact the ability of such person to rent a dwelling unit, including, but not limited to, the current employment and credit history of such person;
� 2. Article 1 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 27-2096.2 to read as follows:
� 27-2096.2 Median asking rents. By no later than September 1, 2019 and by September 1 of every year thereafter, the commissioner shall, upon the availability of a statistically significant and representative sample of data, submit to the mayor and the speaker of the council, and publish online, a listing of median asking rents for dwelling units, disaggregated by community district and, if such data is available in a statistically significant and representative sample, by the number of bedrooms.
� 3. This local law takes effect on October 15, 2019, except that section 2 shall take effect immediately.
JW / BM/GZ
Int 1105-2016 / LS 6898
LS# 929
4.30.19 5:50 pm
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