Relates to rent registration statements filed by a limited liability company

Latest action Mar 18, 2026

Requires that any limited liability company who files a rent registration statement shall include a list of all members of such limited liability company and each member's ownership interest.

Not chosen yet

Where it stands

Passed one of the two chambers; it still needs the other.

Introduced
In committee
Up for a vote
Passed one chamber
Passed
Enacted

New York State Senate

Same as A1506, the matching bill in the Assembly.

Committee

Codes · New York State Assembly

Also referred to Codes · New York State Senate, Housing · New York State Assembly, Housing, Construction And Community Development · New York State Senate.

Purpose, from the sponsor's memo

To create greater transparency in rent registration statements filed with the New York State Division of Homes and Community Renewal (NYS DHCR).

Filed with the bill. Read it on nysenate.gov (opens in a new tab)

Recorded votes

Vote: Floor vote
NY SenateMar 18, 2026Result: passed
(40) (21) (0) (2)
Vote: Committee vote · Housing, Construction And Community Development
Senate Housing, Construction And Community DevelopmentJan 27, 2026Result: passed
(9) (1) (0) (0)
Vote: Floor vote
NY SenateMay 28, 2025Result: passed
(40) (21) (0) (2)
Vote: Committee vote · Housing, Construction And Community Development
Senate Housing, Construction And Community DevelopmentJan 27, 2025Result: passed
(8) (3) (0) (0)

Cosponsors

Chris Burdick, Dana Levenberg and 5 more on Agora

Democratic7

See the full list on nysenate.gov

The sponsor's argument

Why Cordell Cleare says this is needed

To meet the affordable housing demand, the preservation of rent-stabi- lized apartments becomes even more critical. Since the passage of 2019's Housing Security and Tenant Protection Act, data obtained from rent registration statements has shown thousands of apartments being kept vacant. A May 2022 memo compiled by NYS DHCR showed 61,593 rent-stabi- lized apartments were registered as vacant in 2021. During the prior year, 33,667 of these units were registered as vacant. Data from the 2021 New York City Housing and Vacancy Survey found 42,860 vacant units. Complicating efforts to determine the true number of vacant units and determine which buildings' units are not registered is the fact that many owners are listed as limited liability companies without naming the principals of the company. When registrations are entered as an LLC, it provides anonymity to landlords that intentionally withhold many units from the market, ensuring that the registrations do not show the true number of units they have kept vacant. By requiring the disclosure of members of an LLC on the registration statement filed with NYS DHCR, this bill will create more transparency and help identify buildings engaged in systematic warehousing.

This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.

Full history

Mar 18, 2026
Sent to the executive
DELIVERED TO ASSEMBLY
NY Senate
Mar 18, 2026
Passed a chamber
PASSED SENATE
NY Senate
Mar 18, 2026
Referred to committee
REFERRED TO CODES
NY Assembly
Jan 29, 2026
Advanced to Third Reading
ADVANCED TO THIRD READING
NY Senate
Jan 28, 2026
2ND Report CAL.
2ND REPORT CAL.
NY Senate

Show full history (14 earlier events)

Jan 27, 2026
1ST Report CAL.159
1ST REPORT CAL.159
NY Senate
Jan 7, 2026
Ordered to Third Reading CAL.57
ORDERED TO THIRD READING CAL.57
NY Assembly
Jan 7, 2026
Referred to committee
REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
NY Senate
May 28, 2025
Sent to the executive
DELIVERED TO ASSEMBLY
NY Senate
May 28, 2025
Passed a chamber
PASSED SENATE
NY Senate
May 28, 2025
Referred to committee
REFERRED TO CODES
NY Assembly
Mar 6, 2025
Advanced to Third Reading CAL.48
ADVANCED TO THIRD READING CAL.48
NY Assembly
Mar 4, 2025
Reported out of committee
REPORTED
NY Assembly
Feb 25, 2025
Reported out of committee
REPORTED REFERRED TO CODES
NY Assembly
Feb 3, 2025
Advanced to Third Reading
ADVANCED TO THIRD READING
NY Senate
Jan 28, 2025
2ND Report CAL.
2ND REPORT CAL.
NY Senate
Jan 27, 2025
1ST Report CAL.165
1ST REPORT CAL.165
NY Senate
Jan 10, 2025
Referred to committee
REFERRED TO HOUSING
NY Assembly
Jan 8, 2025
Referred to committee
REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
NY Senate

About this record

Summary: The summary comes from NY Open Legislation, the New York State Senate's public record. For more, see How we handle summaries.
Cosponsors: The list shows the cosponsors who are on Agora, A to Z. The official record may list more.
Party colors: Parties are shown in the same neutral colors.
Source: From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 28, 2026. About our data

Read the record

Read on NY Senate (opens in a new tab) The official record on nysenate.gov.

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