S9650 — Prohibits landlords from including incorrect information re rent decontrol in certain leases and renewals pertaining to units in the Affordable New York Housing Program

Summary

Prohibits landlords from including incorrect information relating to rent decontrol in certain leases and renewals thereof; imposes a violation punishable by a fine of $1000 for a violation by a landlord; requires the standardization of certain notices pertaining to units subject to the Affordable New York Housing Program.

Bill Text

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This bill amends 1 section(s) of the New York Consolidated Laws: Section 421-a of the real property tax law.

• Section 421-a of the real property tax law

  Neither a landlord nor any person acting on behalf of the landlord shall include incorrect or misleading information in any notice provided pursuant to this subparagraph. A landlord or any person acting on behalf of the landlord who willfully includes information they know or reasonably know to be misleading or incorrect information in any notice provided pursuant to this subparagraph or fails to provide the standard- ized rider pursuant to paragraph (f-1) of this subdivision is guilty of a violation punishable by a fine of one thousand dollars. italics (f-1) The commissioner of housing and community renewal shall stand- ardize the notice to be provided by landlords to their tenants pursuant to subparagraph (ii) of paragraph (f) of this subdivision. Such notice shall be printed in at least twelve point type and shall include but not be limited to the following language: 421-a Standard Rider Fact Sheet Any dwelling unit within an eligible site that receives tax benefits under section 421-a of the New York State Real Property Tax Law will remain rent stabilized for a period of time depending on a variety of factors, including the location of the unit, the commencement of construction and the affordability in the project. Failure to provide the initial standardized rider may result in the unit remaining rent stabilized for the duration of the tenancy. Specific details related to your unit are listed on the next sheet. While your unit receives 421-a tax benefits, it will be subject to rent stabilization. New York State's rent regulation laws provide tenants in rent-stabilized apartments with a variety of legal rights and protections. The owner of your building must provide you with a rent-stabilized lease when you first move in and also each time you renew your lease for your choice of either a one or two year term, for as long as your apartment remains stabilized. You are entitled to continuous lease renewals while your apartment is rent stabilized. When you renew your lease, your rent may only be increased by an amount determined by New York State's rent regulation laws, which may be found by visiting (enter web address), and permitted by applicable tax benefit laws. Rent increases for rent-stabilized tenants are determined by the New York City Rent Guidelines Board, and generally, may only increase by a specified amount within a one-year or two-year lease term. For more information, please visit (enter web address) or call (enter number). Rent-stabilized tenants are also entitled to assistance by the New York State Homes and Community Renewal by visiting (enter web address) or calling (enter number). 421-a Rider - Unit Number As a rent-regulated tenant, your rights are, in part, determined by 421-a of the New York State Real Property Tax Law. For more information, you may contact New York State Housing and Community Renewal by calling (enter number) or visiting (enter web address) or the New York City Department of Housing Preservation and Development by calling (enter number) or visiting (enter web address). The first rent as of (date of initial lease commencement) for (unit apartment number) is (amount). Because (unit number) receives a 421-a tax abatement, it will be rent regulated until at least MM/DD/YYYY. Construction commenced on your building, located at (address) on MM/DD/YYYY. Construction was completed on MM/DD/YYYY. On (MM/DD/YYYY specific to tenant), your landlord can begin to increase the rent for unit number by 2.2% each year. The 421-a benefits for (unit number) expire on (MM/DD/YYYY). After the expiration of the 421-a tax abatement, your unit will ___ (either remain rent-stabilized for the duration of your tenancy or continue to be protected due to additional programs outlined below). (Unit number) also receives (list any other city, state, federal affordability program) and (the impact that has on the unit's continuing affordability, the date on which those benefits expire and the impact of the expiration of t

  amended

Action History

1. May 28, 2026

   SUBSTITUTED BY A659

2. April 22, 2026

   ADVANCED TO THIRD READING

3. April 21, 2026

   2ND REPORT CAL.

4. April 20, 2026

   1ST REPORT CAL.723

5. March 31, 2026

   REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

Sponsors

• Liz Krueger · Primary

Subjects