New York Assembly bill in Session 2025-2026.
Status: in_committee. Latest action: January 7, 2026.
Prohibits corporate entities, developers, and contractors from converting single-family homes into a rental property unit.
Prohibits corporate entity, real estate developer, or residential building contractor from directly or indirectly purchasing, owning, building, acquiring, or otherwise obtaining any interest in any single-family private dwelling and converting such property into residential real estate containing one rental unit.
| Date | Event | Detail |
|---|---|---|
| 2025-02-26 | Introduced | Bill introduced |
| 2026-01-07 | Status | in_committee |
| 2026-01-07 | Latest Action | In Assembly Committee |