Amends chapter 576 of the laws of 1974 amending the emergency housing rent control law relating to the control of and stabilization of rent in certain cases; amends chapter 274 of the laws of 1946, constituting the emergency housing rent control law; amends chapter 329 of the laws of 1963 amending the emergency housing rent control law relating to recontrol of rents in certain cases; relates to chapter 555 of the laws of 1982 amending the general business law and the administrative code of the city of New York relating to conversion of residential property to cooperative or condominium ownership in the city of New York; also relates to chapter 402 of the laws of 1983 amending the general business law relating to conversions of residential property to cooperative or condominium ownership in certain municipalities in the counties of Nassau, Westchester and Rockland, in relation to extending the period of effectiveness thereof.

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S2744-2011 Actions

• Jan 4, 2012: REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
• Jan 31, 2011: REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

S2744-2011 Memo

BILL NUMBER:S2744

TITLE OF BILL:
An act
to amend chapter 576 of the laws of 1974 amending the emergency housing
rent control law relating to the control of and stabilization of rent in
certain cases, the emergency housing rent control law, chapter 329 of the
laws of 1963 amending the emergency housing rent control law relating to
recontrol of rents in Albany, chapter 555 of the laws of 1982 amending
the general business law and the administrative code of the city of New
York relating to conversion of residential  property to cooperative or
condominium ownership in the city of New York, chapter 402 of the laws
of 1983 amending the general business law relating to conversions of
rental residential property to cooperative or condominium ownership in
certain municipalities in the counties of Nassau, Westchester and
Rockland and the rent regulation reform act of 1997, in relation to
extending the period of effectiveness thereof

PURPOSE:

This bill would extend the period during which provisions of various
laws that regulate rental housing will remain in force. These laws
are currently scheduled to expire on June 15, 2011; under this bill
they would expire on June 15, 2014.

SUMMARY OF PROVISIONS:

Section 1 of the bill amends section 17 of chapter 576 of the laws of
1974, as amended by chapter 82 of the laws of 2003, to extend the
period certain provisions of law will remain in force to June IS, 2014.

Section 2 of the bill amends subdivision 2 of section 1 of chapter 274
of the laws of 1946, as amended by chapter 82 of the laws of 2003, to
extend the period certain provisions of law will remain in force to
June IS, 2014.

Section 3 of the bill amends section 2 of chapter 329 of the laws of
1963, as amended by chapter 82 of the laws of 2003, to extend the
period certain provisions of law will remain in force to June IS, 2014.

Section 4 of the bill amends section 10 of chapter 555 of the laws of
1982, as amended by chapter 82 of the laws of 2003, to extend the
period certain provisions of law will remain in force to June IS, 2014.

Section 5 of the bill amends section 4 of chapter 402 of the laws of
1983, as amended by chapter 82 of the laws of 2003, to extend the
period certain provisions of law will remain in force to June 15, 2014.

Section 6 of the bill amends subdivision 6 of section 46 of chapter
116 of the laws of 1997, as amended by chapter 82 of the laws of
2003, to extend the period certain provisions of law will remain in
force to June 15, 2014.

Section 7 of the bill sets forth its effective date.

JUSTIFICATION:


The rental housing markets in areas subject to the various laws that
regulate rental housing remain extremely competitive, and are
projected to remain so into the foreseeable future. For example,
according to a report recently issued by the real estate research
company Reis, Inc., the vacancy rate of apartments in New York City
was less than three percent in 2009, while the U.S. Census Bureau
Current Estimates Program has determined that the population of the
City continues to grow. These conditions encourage price inflation in
the rental housing market and weaken tenants' bargaining positions
relative to their landlords.

Meanwhile, key provisions of the law regulating rent and other aspects
of the rental housing market are set to expire on June 15, 2011. This
bill extends those expiration dates to June 15, 2014.

LEGISLATIVE HISTORY:
2009/2010-Senate and Assembly referred to housing.

FISCAL IMPACT:
None.

EFFECTIVE DATE:
This act shall take effect immediately.

S2744-2011 Text

                      S T A T E   O F   N E W   Y O R K
  ________________________________________________________________________

                                    2744

                         2011-2012 Regular Sessions

                              I N  SENATE

                              January 31, 2011
                                 ___________

  Introduced  by  Sen. SERRANO -- read twice and ordered printed, and when
    printed to be committed to the Committee on Housing, Construction  and
    Community Development

  AN  ACT  to amend chapter 576 of the laws of 1974 amending the emergency
    housing rent control law relating to the control of and  stabilization
    of  rent  in  certain  cases,  the emergency housing rent control law,
    chapter 329 of the laws of 1963 amending the  emergency  housing  rent
    control  law  relating to recontrol of rents in Albany, chapter 555 of
    the laws of 1982 amending the general business law and the administra-
    tive code of the city of New York relating to conversion  of  residen-
    tial   property to cooperative or condominium ownership in the city of
    New York, chapter 402 of the laws of 1983 amending the  general  busi-
    ness  law  relating  to  conversions of rental residential property to
    cooperative or condominium ownership in certain municipalities in  the
    counties  of  Nassau, Westchester and Rockland and the rent regulation
    reform act of 1997, in relation to extending the period of  effective-
    ness thereof

    THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
  BLY, DO ENACT AS FOLLOWS:


    Section 1. Section 17 of chapter 576 of the laws of 1974, amending the
  emergency housing rent control  law  relating  to  the  control  of  and
  stabilization  of rent in certain cases, as amended by chapter 82 of the
  laws of 2003, is amended to read as follows:

    S 17. Effective date.   This act shall  take  effect  immediately  and
  shall  remain in full force and effect until and including the fifteenth
  day of June [2011] 2014; except that sections two and three  shall  take
  effect  with  respect  to any city having a population of one million or
  more and section one shall take effect with respect to any  other  city,
  or  any  town  or village whenever the local legislative body of a city,
  town or village determines the existence of a public emergency  pursuant
  to  section  three  of  the  emergency tenant protection act of nineteen

   EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                        [ ] is old law to be omitted.
                                                             LBD00252-01-1

 S. 2744                             2

  seventy-four, as enacted by section four of this act, and provided  that
  the  housing accommodations subject on the effective date of this act to
  stabilization pursuant to the New York city rent  stabilization  law  of
  nineteen  hundred  sixty-nine  shall remain subject to such law upon the
  expiration of this act.
    S 2. Subdivision 2 of section 1 of chapter 274 of the  laws  of  1946,
  constituting the emergency housing rent control law, as amended by chap-
  ter 82 of the laws of 2003, is amended to read as follows:

    2.  The  provisions  of  this  act,  and  all  regulations, orders and
  requirements thereunder shall remain in full force and effect until  and
  including June 15, [2011] 2014.
    S  3. Section 2 of chapter 329 of the laws of 1963, amending the emer-
  gency housing rent control law relating to recontrol of rents in Albany,
  as amended by chapter 82 of the laws of 2003,  is  amended  to  read  as
  follows:

    S  2.  This  act  shall  take effect immediately and the provisions of
  subdivision 6 of section 12 of the emergency housing rent  control  law,
  as  added  by  this act, shall remain in full force and effect until and
  including June 15, [2011] 2014.
    S 4. Section 10 of chapter 555 of  the  laws  of  1982,  amending  the
  general business law and the administrative code of the city of New York
  relating  to conversion of residential property to cooperative or condo-
  minium ownership in the city of New York, as amended by  chapter  82  of
  the laws of 2003, is amended to read as follows:

    S  10.  This  act  shall  take  effect immediately; provided, that the
  provisions of sections one, two and nine of this  act  shall  remain  in
  full  force  and  effect  only until and including June 15, [2011] 2014;
  provided further that the provisions of section three of this act  shall
  remain  in  full  force  and effect only so long as the public emergency
  requiring the regulation and control of residential rents and  evictions
  continues  as  provided in subdivision 3 of section 1 of the local emer-
  gency housing rent control act; provided further that the provisions  of
  sections  four,  five, six and seven of this act shall expire in accord-
  ance with the provisions of section 26-520 of the administrative code of
  the city of New York as such section of the administrative code is, from
  time to time, amended; provided further that the provisions  of  section
  26-511 of the administrative code of the city of New York, as amended by
  this act, which the New York City Department of Housing Preservation and
  Development  must  find  are  contained  in  the code of the real estate
  industry stabilization association of such city in order to approve  it,
  shall  be deemed contained therein as of the effective date of this act;
  and provided further that any plan accepted for filing by the department
  of law on or before the effective date of this act shall continue to  be
  governed  by  the provisions of section 352-eeee of the general business
  law as they had existed immediately prior to the effective date of  this
  act.
    S 5. Section 4 of chapter 402 of the laws of 1983, amending the gener-
  al  business  law relating to conversions of rental residential property
  to cooperative or condominium ownership in certain municipalities in the
  counties of Nassau, Westchester and Rockland, as amended by  chapter  82
  of the laws of 2003, is amended to read as follows:

    S  4.  This  act  shall  take  effect  immediately; provided, that the
  provisions of sections one and three of this act shall  remain  in  full
  force  and  effect  only  until  and including June 15, [2011] 2014; and
  provided further that any plan accepted for filing by the department  of
  law  on  or  before  the effective date of this act shall continue to be

 S. 2744                             3

  governed by the provisions of section 352-eee of  the  general  business
  law  as they had existed immediately prior to the effective date of this
  act.
    S  6.  Subdivision 6 of section 46 of chapter 116 of the laws of 1997,
  constituting the rent regulation reform act of 1997, as amended by chap-
  ter 82 of the laws of 2003, is amended to read as follows:

    6. sections twenty-eight, twenty-eight-a, twenty-eight-b  and  twenty-
  eight-c  of  this act shall expire and be deemed repealed after June 15,
  [2011] 2014;
    S 7. This act shall take effect immediately.