Relates to requirements for a building owner to refuse to renew a lease under the real estate industry stabilization code

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Relates to requirements for a building owner to refuse to renew a lease under the real estate industry stabilization code; requires the owner of a building to be demolished to prove that such owner has the financial ability to complete demolition of the building.

Chamber: House
Introduced: Jan 14, 2025
Last action: Jan 7, 2026 — ORDERED TO THIRD READING CAL.71
Session: 2025-2026
Momentum: 52 · Moderate

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base Amended — base rate 13%, measured from NY's completed sessions
Momentum +0 52/100 from the pace of recorded action
Time since last action -22 287 days quiet

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