S9867 (2025-26 session)

NY State bill

Enacts the "teardown tax act"; establishes a dwelling unit removal surcharge on the conversion of multiple dwelling units into single-family dwellings in the city of New York.

Title
Enacts the "teardown tax act"
Type
New York State Senate bill
Session
2025-26 session
Status
In Senate Committee
Latest action date
2026-05-12
In committee
Housing, Construction And Community Development
Introduced
2026-04-09
Active version
S9867B
Same as
A10999
Law section
New York City Administrative Code

Sponsors

Heard in committee

Same as

Sources