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A4303Assembly2019-2020 Session

Require Approval for 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. Adds a significant new check on privatization. By requiring legislative approval before any NYCHA (New York City Housing Authority) property can be sold or transferred to private entities, this bill gives elected state lawmakers direct control and oversight over the fate of public housing assets, rather than leaving decisions solely to NYCHA or city officials.

  2. Could slow or halt future sales to private developers. With legislative approval mandated, any proposed transfer or sale of NYCHA property to private companies will face heightened scrutiny and a potentially lengthy review process, making such transactions less automatic or likely.

  3. Aims to protect public housing from loss or conversion. The measure is likely intended to safeguard affordable housing stock and prevent displacement of low-income residents by making it harder for public housing units and land to be converted to market-rate or other non-public uses without broader public accountability.

  4. Applies immediately to all future deals. The law would not be retroactive, but it would immediately affect any new contracts for sale or transfer initiated after its passage, potentially impacting ongoing negotiations or future redevelopment plans involving NYCHA property.

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Who cares

Headline styles

Require Approval for 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

4303

2019-2020 Regular Sessions

IN ASSEMBLY

February 4, 2019

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-e.

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

§ 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.

LBD08281-01-9

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.