New York 2025-2026 Regular Session

New York Assembly Bill A01300

Introduced
1/9/25  
Refer
1/9/25  

Caption

Provides that any small property owner that owns twenty units or less shall be entitled to free legal services if such small property owner can prove a loss of at least twenty percent of rent payments in a calendar year; defines "small property owner" as any lessor in a residential real property transaction, and includes an owner of twenty units or less who lists residential real property for lease with an agent, whether or not a lease results, or who receives an offer to lease twenty units of residential real property or less.

Summary

Bill A01300 aims to amend the administrative code of New York City and the real property actions and proceedings law to provide free legal services to small property owners. It defines a 'small property owner' as any lessor in a residential real property transaction who owns twenty units or less. The bill stipulates that these owners are entitled to free legal services if they can demonstrate a loss of at least twenty percent of their rent payments within a calendar year.

Impact

If enacted, this bill would create a new legal entitlement for small property owners in New York City, potentially increasing access to legal representation for those facing financial difficulties. It would amend existing laws to include provisions specifically for small property owners, thereby impacting how legal services are provided and funded in relation to residential real estate transactions.

Sentiment

The sentiment surrounding Bill A01300 appears to be supportive among advocates for small property owners, as it addresses their legal needs during challenging financial times. However, there may be concerns from larger property owners or landlords regarding the implications of such legal provisions and the potential for increased litigation.

Contention

Notable points of contention may arise from larger property owners who argue that the bill could create an uneven playing field in the rental market. Additionally, there may be debates about the criteria for qualifying as a small property owner and the financial implications of providing free legal services funded by the city.

Companion Bills

NY S00127

Same As Provides that any small property owner that owns twenty units or less shall be entitled to free legal services if such small property owner can prove a loss of at least twenty percent of rent payments in a calendar year; defines "small property owner" as any lessor in a residential real property transaction, and includes an owner of twenty units or less who lists residential real property for lease with an agent, whether or not a lease results, or who receives an offer to lease twenty units of residential real property or less.

Previously Filed As

NY S00127

Provides that any small property owner that owns twenty units or less shall be entitled to free legal services if such small property owner can prove a loss of at least twenty percent of rent payments in a calendar year; defines "small property owner" as any lessor in a residential real property transaction, and includes an owner of twenty units or less who lists residential real property for lease with an agent, whether or not a lease results, or who receives an offer to lease twenty units of residential real property or less.

NY HB5407

Relating to restrictions on residential leasing in property owners' associations.

NY HB5438

Relating to restrictions on residential leasing in property owners' associations.

NY S00941

Establishes the reimaging excess New York state property act; provides the reimaging excess New York state property authority shall purchase any abandoned, surplus or otherwise unused state-owned real property and reconstruct, renovate, replace, maintain, repair, enlarge, extend, operate, lease, as lessee or lessor, and/or regulate the repurposing of such properties.

NY A03921

Establishes the reimaging excess New York state property act; provides the reimaging excess New York state property authority shall purchase any abandoned, surplus or otherwise unused state-owned real property and reconstruct, renovate, replace, maintain, repair, enlarge, extend, operate, lease, as lessee or lessor, and/or regulate the repurposing of such properties.

NY SB592

Property tax: change in ownership: residential rental property.

NY S09287

Establishes a real property tax exemption for certain property owners who reside full-time on such property in certain counties; requires that such owners occupy such property as their primary residence and are enrolled in or eligible for the STAR exemption or credit or that such owners rent to a tenant for a term of at least twelve months and such tenant occupies such property as their primary residence.

NY A11243

Establishes a real property tax exemption for certain property owners who reside full-time on such property in certain counties; requires that such owners occupy such property as their primary residence and are enrolled in or eligible for the STAR exemption or that such owners rent to a tenant for a term of at least twelve months and such tenant occupies such property as their primary residence.

NY H5752

Imposes a property tax on non-owner occupied residential properties assessed worth at one million dollars ($1,000,000) and less than two million dollars ($2,000,000) and a higher tax on properties assessed at two million dollars ($2,000,000) or more.

NY A10931

Creates a special on-premises license for properties which are located within a designated industrial or economic zoning district, occupy not less than twenty thousand square feet of floor area, and are located at least 500 feet from a residential building.

Similar Bills

CA SB1352

Property taxation: newly constructed: reconstructed property.

CA AB245

Property taxation: application of base year value: disaster relief.

CA SB1053

Property taxation: transfer of base year value: disaster relief.

CA SB603

An act to amend Section 69 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy.

HI HB1398

Relating To Property.

HI HB1398

Relating To Property.

TX HB2011

Relating to the right to repurchase from a condemning entity certain real property for which ad valorem taxes are delinquent.