Introduction
Int 0905-2026
A Local Law to amend the administrative code of the city of New York, in relation to giving qualified entities a first opportunity to submit a statement of interest and a first opportunity to purchase certain properties
Fiscal impact
The Council Finance Division's estimate, from the Fiscal Impact Statement - City Council. First effective FY2028.
| Effective year | Succeeding year | Full fiscal impact | |
|---|---|---|---|
| Revenues | $0 | $0 | $0 |
| Expenditures | $128,000 | $170,000 | $170,000 |
| Net | $-128,000 | $-170,000 | $-170,000 |
OMB: The Office of Management and Budget did not provide an estimate.
Documents
Committee reports, fiscal impact statements and bill text, hosted by Legistar.
- Summary Summary of Int. No. 905 ↗
- Bill text Int. No. 905 ↗
- Other Memorandum in Support ↗
- Agenda May 14, 2026 - Stated Meeting Agenda ↗
- Committee Report Committee Report 9/9/26 ↗
- Fiscal Impact Statement Fiscal Impact Statement - City Council ↗
- Hearing Transcript Hearing Transcript - Stated Meeting 5-14-26 ↗
Considered at
| Date | Body | Action | Result | Vote |
|---|---|---|---|---|
| 2026-09-09 | Committee on Housing and Buildings | Hearing Held by Committee | — | — |
| 2026-09-09 | Committee on Housing and Buildings | Laid Over by Committee | — | — |
Legislative history
| Date | Body | Action | Result |
|---|---|---|---|
| 2026-09-09 | Committee on Housing and Buildings | Hearing Held by Committee | — |
| 2026-09-09 | Committee on Housing and Buildings | Laid Over by Committee | — |
| 2026-05-14 | City Council | Referred to Comm by Council | — |
| 2026-05-14 | City Council | Introduced by Council | — |