Program for the waiver of fees for certain vacant storefront areas.
Introduced
Moved
Reached a final decision
Introduced Feb 12, 2026
Derived from the official record below.
Officially: “A Local Law to amend the administrative code of the city of New York, in relation to a program for the waiver of fees for certain vacant storefront areas.” Read the full text
Housing and Buildings
What it does
This bill would permit the waiving of certain fees for qualifying commercial properties located within commercial corridors in designated disadvantaged council districts with high storefront vacancy rates in the city, if certain criteria are met.
Summary written by City Council staff, from the official record. Plain-language AI rewrite with cited sections coming. Not legal advice.
Where it is
Introduced by Council · Feb 12, 2026
Referred to Comm by Council · Feb 12, 2026
Who decides next
This bill sits with the Housing and Buildings committee. These members decide whether it ever reaches a vote; 99% of bills a committee approves become law.
Pierina Ana Sanchez · chairCarl WilsonCrystal HudsonKevin C. RileyNantasha M. WilliamsOswald J. FelizRita C. JosephShaun AbreuSusan ZhuangVirginia MaloneyYusef Salaam
Official documents
Summary of Int. No. 543
officialInt. No. 543
officialHearing Transcript - Stated Meeting 2-12-26
officialMemorandum in Support
officialFebruary 12, 2026 - Stated Meeting Agenda
officialStraight from the Council record: fiscal impact statements, committee reports, and hearing transcripts as filed.
The numbers
2
sponsors on the bill
Sponsors
Every fact on this page links to its source, starting with the official bill record. Last action: Referred to Comm by Council (Feb 12, 2026).