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New York policy

A11484: Relates to affordable housing in New York city

NY Assembly · Sponsor Simcha Eichenstein

Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
May 27, 2026

What it requires

Provides that no tax exemption shall be given for any unit that has not agreed in writing to maintain such unit as their primary residence for no less than five years from the acquisition of such unit.

ny-stateassemblylegislationbill

Official source ↗

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