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NYC Program Overhaul: Targeting Worst Landlords

NYC Program Overhaul: Targeting Worst Landlords

New York City News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 9, 20261m 53s

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Show Notes

City Councilmember Pierina Sanchez proposes the SAFER Act to reform New York Citys Third Party Transfer program, targeting only the worst offenders with huge debts and recent problems. The bill aims to give owners and tenants more notice, let landlords make repairs to opt out, and scrap a rule that could drag whole blocks into foreclosure. The reforms are backed by city housing officials, groups like the Real Estate Board of New York, and housing nonprofits, with thirty-two council sponsors in support. Tenants rally for quicker action to hold bad landlords accountable and protect affordable homes.

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