New York 2025-2026 Regular Session

New York Assembly Bill A10667

Introduced
3/20/26  

Caption

Defines lease-hold retirement community and proscribes rules and regulations for ownership and operation thereof

Summary

This bill creates a new section of the Real Property Law governing “lease-hold retirement communities,” defined as certain large, privately owned, age-restricted communities in counties with more than one million residents that border only one other county. It requires owners or operators of such communities to offer homeowners a 99-year lease with a 90-day cancellation option, provide copies of leases and rules, and ensure that rules are not unreasonable, arbitrary, capricious, or inconsistently applied. The bill also allows communities to set minimum-age occupancy rules, but requires advance notice before rule changes and limits the enforceability of any rule that is not properly disclosed or posted. The measure places substantial limits on fees and charges, requiring full disclosure of rent, utilities, and service charges, and barring new or increased charges not specified in the lease until after written notice. It also prohibits owners from forcing residents to use specific vendors for goods or repairs, from restricting interior improvements that comply with law, and from charging extra fees for installing appliances or fixtures. In addition, it protects the right to sell a home in the community, limits owner control over purchaser approval and access, regulates subleasing, requires a 24-hour emergency contact number, prohibits retaliation against residents who complain or organize, and extends warranty-of-habitability and attorney-fee protections. The bill also authorizes county attorneys to seek injunctions for violations. The bill would also amend the existing manufactured-home rent-increase statute so that homes in a lease-hold retirement community are subject to the same rent-increase protections as manufactured homes in manufactured home parks. It further allows counties to adopt stricter standards than those set in the bill and applies prospectively to sales, actions, rent increases, and leases occurring after the effective date. Overall, the bill appears aimed at strengthening tenant and homeowner protections in age-restricted leasehold communities and curbing owner/operator control over pricing, access, sales, and maintenance. Because there is no recorded committee transcript or vote history in the provided materials, there is no documented public debate or formal sentiment to assess beyond the bill’s introduction and referral to the Assembly Housing Committee. The structure of the bill suggests a policy preference for consumer protection and housing stability in these communities, while likely imposing new compliance obligations on community owners and operators. Notable points of contention likely include the bill’s broad regulation of private community operations, the 99-year lease requirement, limits on fees and vendor restrictions, and the extension of rent-increase controls to this housing type. Owners and operators may view these provisions as burdensome or as interfering with property and contract rights, while homeowners and resident advocates would likely support the added protections against arbitrary rules, hidden charges, retaliation, and sales restrictions.

Impact

The bill would add a new Real Property Law section specifically regulating lease-hold retirement communities and would also amend the manufactured-home rent-increase statute to bring homes in those communities under similar rent-protection rules. It would create enforceable rights for homeowners and tenants in these communities, impose disclosure, notice, and anti-retaliation requirements on owners/operators, and authorize county attorneys to enforce compliance through court action. The bill would affect owners, operators, homeowners, tenants, and prospective purchasers or subtenants in qualifying age-restricted communities, particularly in the counties described in the definition.

Sentiment

No committee transcript or vote history was provided, so there is no recorded floor or committee sentiment to summarize. Based on the text alone, the bill is clearly pro-resident and consumer-protection oriented, with a focus on limiting owner discretion and increasing transparency. Its introduction and referral to the Housing Committee suggest it is being treated as a housing-regulation measure rather than a broadly bipartisan consensus bill.

Contention

The main points of contention are likely to be the extent of state regulation over privately owned retirement communities, the mandatory long-term lease framework, and the restrictions on fees, vendor choice, sales approvals, and access controls. Community owners and operators may object to reduced flexibility and potential revenue limits, while homeowners and tenant advocates are likely to support the bill’s protections against arbitrary rules, undisclosed charges, retaliation, and interference with sales or improvements. The bill’s application to a narrowly defined class of communities may also raise questions about fairness, scope, and administrative enforceability.

Companion Bills

NY S07343

Same As Sets up rules and regulations for the operation of lease-hold retirement communities located in a county with a population of more than one million inhabitants that only borders one other county, to provide adequate housing for senior citizens wishing to retire and locate in a lease-hold retirement community; grants owners of homes in lease-hold retirement communities the right to sell their homes by methods common to sales of residential property; requires that owners of lease-hold retirement communities offer owners of homes the option to sign a long-term ninety-nine year lease.

Previously Filed As

NY S3348

The "Owners' Rights and Obligations in Shared Ownership Communities Act."

NY HB785

Common Ownership Communities and Zoning Authorities - Operation of Family Child Care Homes - Limitations

NY S03650

Sets up rules and regulations for the operation of lease-hold retirement communities to provide adequate housing for senior citizens wishing to retire and locate in a lease-hold retirement community; grants owners of homes in lease-hold retirement communities the right to sell their homes by methods common to sales of residential property; requires that owners of lease-hold retirement communities offer owners of homes the option to sign a long-term ninety-nine year lease.

NY HB294

Task Force on Common Ownership Communities

NY SB71

Task Force on Common Ownership Communities

NY HB475

Relating To Common Interest Ownership Communities.

NY HB475

Relating To Common Interest Ownership Communities.

NY HB2089

Generating Retirement Ownership through Long-Term Holding

NY HB853

Real Property - Regulation of Common Ownership Community Managers

NY HB0853

Real Property - Regulation of Common Ownership Community Managers

Similar Bills

No similar bills found.