New York 2025 Session Status: Introduced

S421 — Requires landlords to mitigate damages when commercial tenants vacate premises in violation of the terms of the lease

Last action — In Senate Committee

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Senate. Introduced January 08, 2025. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Not enough signal yet

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

In plain language

This bill requires landlords to minimize losses when commercial tenants leave early.

The bill mandates that landlords take reasonable steps to reduce damages when commercial tenants break their lease by vacating the property. This aims to lessen the financial impact on both landlords and tenants.

What this means for you
  • Small Business: This means small businesses need to understand their responsibilities and rights if they have to vacate leased property.

Summary

Requires landlords to mitigate damages when commercial tenants vacate premises in violation of the terms of the lease.

Bill Text

Action History

  1. PRINT NUMBER 421A

  2. AMEND AND RECOMMIT TO JUDICIARY

  3. REFERRED TO JUDICIARY

  4. REFERRED TO JUDICIARY

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 218 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (218)

218 members have not signed on to this bill.

Show all 218 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

housing labor
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does S421 do?
Requires landlords to mitigate damages when commercial tenants vacate premises in violation of the terms of the lease.
Who sponsors S421?
S421 is sponsored by John Liu.
What is the current status of S421?
This bill has been introduced in the Senate. Introduced January 08, 2025. It must pass committee before a floor vote.
Where can I track S421?
Track S421 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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