New York · 2025 Regular Session · Bill

S 864: Caps the amount of collectible rent increases due to major capital improvements at six percent of the legal regulated rent

In committee Last action January 7, 2026: REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

Plain-language summary

S 864 is a bill introduced in the New York Senate on January 8, 2025. According to its official title, it concerns: Caps the amount of collectible rent increases due to major capital improvements at six percent of the legal regulated rent. Primary sponsor: Jamaal Bailey (Democratic/Working Families). It lists 3 additional sponsors. Most recent recorded action (January 7, 2026): REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT.

Sponsors

Primary sponsor: Jamaal Bailey (Democratic/Working Families). 3 co-sponsors.