NYC Council · Int 0600-2026 · Committee

Department of housing preservation and development to conduct periodic studies of rent stabilized housing accommodations and to develop a program to incentivize owners to keep such accommodations rent stabilized for an extended period of time.

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 requiring the department of housing preservation and development to conduct periodic studies of rent stabilized housing accommodations and to develop a program to incentivize owners to keep such accommodations rent...” Read the full text

Housing and Buildings

What it does

The proposed bill would require the Department of Housing Preservation and Development to conduct periodic studies of rent stabilized housing accommodations and to develop a program to incentivize owners to keep such accommodations rent stabilized for an extended period of time.

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 · the latest recorded action

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 · chair Carl Wilson Crystal Hudson Kevin C. Riley Nantasha M. Williams Oswald J. Feliz Rita C. Joseph Shaun Abreu Susan Zhuang Virginia Maloney Yusef Salaam

This committee’s full record