Int. No. 2312-A
By Council Members Riley, Powers, Treyger and Rosenthal
A Local Law to amend the administrative code of the city of New York, in relation to limiting fees associated with vacating a premises
Be it enacted by the Council as follows:
Section 1. Title 26 of the administrative code of the city of New York is amended by adding a new chapter 33 to read as follows:
CHAPTER 33
FEES ASSOCIATED WITH VACATING A PREMISES
§ 26-3301 Definitions. As used in this chapter, the term “duty to mitigate damages” means the duty of a landlord to mitigate damages pursuant to section 227-e of the real property law.
§ 26-3302 Limitation of fees. Where a landlord has a duty to mitigate damages, such landlord may not recover from a tenant any amount in excess of the fair market cost necessary to prepare the physical conditions of the premises for rental. In seeking such amount from a tenant, such landlord must provide an itemized list to such tenant demonstrating the calculation of such amount.
§ 2. This local law shall take effect 180 days after becoming law, provided that it shall apply only to leases entered into on or after such date.
APB/GZ
LS 14520/14635/14875/14884
11/15/21 9:48pm