A6956 (2023-24 session)

NY State bill

Authorizes a city of one million or more to remove the cap on the floor area ratio of certain dwellings being converted from non-residential to residential units; requires that no less than 40% of such units remain affordable for those who are below 60% of the area median income; requires certain labor standards in converting such units; prohibits conversion of floor area ration under certain circumstances.

Title
Authorizes N.Y. city to remove the cap on the floor area ratio of certain dwellings being converted from non-residential to residential units
Type
New York State Assembly bill
Session
2023-24 session
Status
In Assembly Committee
Latest action date
2024-01-03
In committee
Housing
Introduced
2023-05-09
Law section
Multiple Dwelling Law

Sponsors

Co-sponsors

Heard in committee

Sources