Civic Agendas NYC
Bills › Int 0905-2026
Int 0905-2026-A Bill Enacted (Mayor's Desk for Signature)

Giving qualified entities a first opportunity to submit a statement of interest and a first opportunity to purchase certain properties.

Where it stands: Passed the Council on Nov 4, 2026 and is waiting for the Mayor’s signature.

  1. Introduced
  2. Committee hearing
  3. Committee vote
  4. Council vote
  5. Mayor (current step)
  6. Law

Official summary

This bill would give certain not-for-profits or joint ventures between not-for-profits and other entities, as certified by the Department of Housing Preservation and Development (“HPD”), a first opportunity to submit a statement of interest in purchasing and a first opportunity to purchase certain residential properties when offered for sale. The bill would require owners of subject properties to notify HPD and qualified entities when they intend to take action to sell such properties. Qualified entities would have 20 days to submit a statement of interest in purchasing the property, and 70 days to submit a first offer to purchase the property. Qualified entities would also have a right of first refusal if an owner receives an offer from a person other than a qualified entity. An owner would be able to apply for an exemption to the requirements of this bill on a showing of undue financial hardship. HPD would be required to submit periodic reports on the program.

Timeline

  1. Thu, May 14, 2026
    Introduced in the Council
    Formally read into the record at a Stated Meeting.
    City Council: “Introduced by Council”
  2. Thu, May 14, 2026
    Sent to committee
    Assigned to a committee, which must hold a hearing before any vote.
    City Council: “Referred to Comm by Council” · meeting
  3. Wed, Sep 9, 2026
    Public hearing: Housing and Buildings
    Council members heard testimony from the public and city agencies.
    Committee on Housing and Buildings: “Hearing Held by Committee” · meeting
  4. Wed, Sep 9, 2026
    Housing and Buildings postponed a decision
    No vote yet; the item can come back at a later meeting.
    Committee on Housing and Buildings: “Laid Over by Committee” · meeting
  5. Thu, Oct 22, 2026
    Public hearing: Housing and Buildings
    Council members heard testimony from the public and city agencies.
    Committee on Housing and Buildings: “Hearing Held by Committee” · meeting
  6. Thu, Oct 22, 2026
    Changes proposed
    A revised version was introduced in committee.
    Committee on Housing and Buildings: “Amendment Proposed by Comm” · meeting
  7. Thu, Oct 22, 2026
    Text amended
    The committee adopted a new version (the letter after the bill number changes).
    Committee on Housing and Buildings: “Amended by Committee” · meeting
  8. Thu, Oct 22, 2026 · version A
    Committee vote: approved
    Committee on Housing and Buildings voted on it.
    Committee on Housing and Buildings: “Approved by Committee” · meeting · roll call
  9. Thu, Oct 22, 2026 · version A
    Full Council vote: passed
    All 51 members could vote at a Stated Meeting.
    City Council: “Approved by Council” · meeting · roll call
  10. Thu, Oct 22, 2026 · version A
    Sent to the Mayor
    The Mayor has 30 days to sign or veto.
    City Council: “Sent to Mayor by Council”
  11. Wed, Nov 4, 2026 · version A
    Public hearing: Mayor
    Council members heard testimony from the public and city agencies.
    Mayor: “Hearing Held by Mayor”

How members voted

City Council · Thu, Oct 22, 2026 · Pass
38 yes9 no2 abstain2 absent / excused
Committee on Housing and Buildings · Thu, Oct 22, 2026 · Pass
10 yes0 no1 abstain0 absent / excused