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A5785Assembly2017-2018 Session

Legislature Must Approve NYCHA Sales

Official title

“Provides that the sale of real property owned by the N.Y. city housing authority to a private entity must be approved by the state legislature”

Sponsor Steven CymbrowitzAD-45Affects Housing
Status
In Assembly Committee
Housing
Impact
7/10
Significant
Passage
0%

Bill progress

Step 2 of 7

In committee · Housing

What's happening

This bill requires legislative approval for any sale or transfer of New York City Housing Authority property to private entities.

Why it matters

  1. Increases public oversight of NYCHA property sales. By requiring legislative approval before any New York City Housing Authority (NYCHA) property can be sold or transferred to a private entity, the bill adds a significant oversight step, reducing the risk of quick or non-transparent deals that could affect public housing residents.

  2. Could slow or limit privatization. The measure makes it more difficult and potentially slower for NYCHA to transfer its properties to private owners, which may deter or delay efforts to privatize public housing assets as a way to raise funds or address budget issues.

  3. Potential impact on residents and affordable housing. Legislative involvement means that decisions about selling public housing are subject to wider debate and public input, which could help protect current tenants and preserve affordable housing stock in New York City.

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Who cares

Headline styles

Legislature Must Approve NYCHA Sales

Plain English, a few words. Used as the page title.

Sponsors

Primary sponsor
Steven Cymbrowitz

Assembly Member · Assembly District 45

No co-sponsors yet.

History

  1. Referred to housing
  2. Referred to housing

Full text

1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗

STATE OF NEW YORK

5785

2017-2018 Regular Sessions

IN ASSEMBLY

February 15, 2017

Introduced by M. of A. CYMBROWITZ -- read once and referred to the Committee on Housing

AN ACT to amend the public housing law, in relation to regulating the conveyance of certain public housing

The People of the State of New York, represented in Senate and Assembly, do enact as follows:

Section 1. Sections 402-a and 402-b of the public housing law are renumbered sections 402-b and 402-c and a new section 402-a is added to read as follows:

§ 402-a. Conveyance of public housing; restrictions. Any contract for the sale or transfer of any real property owned or controlled by the New York city housing authority to a private entity must be approved by the legislature.

§ 2. Section 402-c of the public housing law, as added by chapter 335 of the laws of 2016, is renumbered section 402-d.

§ 3. Section 402-c of the public housing law, as added by chapter 340 of the laws of 2016, is renumbered section 402-e.

§ 4. This act shall take effect immediately and shall apply to any contract for the sale or transfer of real property to a private entity by the New York city housing authority on or after such date.

EXPLANATION--Matter in italics (underscored) is new; matter in brackets

[ ] is old law to be omitted.

LBD09723-01-7

Reflowed for reading: line numbers and page breaks removed. Cite the official text.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.