S5080 (2023-24 session)
NY State bill
Facilitates conversion of commercial buildings to residential uses in New York city (Part A); authorizes exemptions from real property taxation of certain multiple dwellings converted from commercial use in New York city that include affordable housing (Part B); relates to exemptions of eligible newly constructed rental multiple dwellings or conversions to rental multiple dwellings in villages, towns, and cities other than New York city (Part C).
- Title
- Facilitates conversion of commercial buildings to residential uses in New York city and authorizes property tax exemptions of converted buildings that include affordable housing
- Type
- New York State Senate bill
- Session
- 2023-24 session
- Status
- In Senate Committee
- Latest action date
- 2024-01-03
- In committee
- Housing, Construction And Community Development
- Introduced
- 2023-02-22
- Active version
- S5080B
- Law section
- Multiple Dwelling Law
Sponsors
- Brian Kavanagh State Senator, District 27
Heard in committee
- Housing, Construction And Community Development NY State Senate committee