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Local law · Int 0760-2026

A temporary moratorium on third party transfers of real property and a study on the eligibility of transferable property

Official titleShow

A Local Law to amend the administrative code of the city of New York, in relation to a temporary moratorium on third party transfers of real property and a study on the eligibility of transferable property

The heading above is this same sentence with its legal opening removed. No words were added, changed or reordered.

Latest action Mar 10, 2026

New York City Council

Sponsor

Public Advocate Jumaane Williams

Summary

This bill would impose a two-year moratorium on the Department of Housing Preservation and Development’s (HPD) Third Party Transfer program. The bill would also require quarterly reporting in which HPD discloses the properties it has identified as eligible for transfer through the Third Party Transfer program.

Summary from NYC Council (Legistar). How we handle summaries

From the NYC Council's legislative record (Legistar) and official rosters. This record was last updated Aug 1, 2026. About our data

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Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Committee on Finance

Full history

  1. Mar 10, 2026

    Introduced

    This Introduction was Introduced by Council

    NYC Council

  2. Mar 10, 2026

    Referred to committee

    This Introduction was Referred to Comm by Council to the Committee on Finance

    NYC Council