New York Senate Bill 401: Establishes the "tenant opportunity to purchase act"

New York · 2025-2026 session

Status: Introduced

What it does

Establishes the "tenant opportunity to purchase act"; prevents the displacement of middle and lower-income tenants in New York and preserves affordable housing by providing an opportunity for tenants to own or remain renters in the properties in which they reside.

Latest action

RECOMMIT, ENACTING CLAUSE STRICKEN (2026-05-04)

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