Rent Emergency Stabilization for Tenants Act
Summary
New York Assembly Bill A04877 proposes the Rent Emergency Stabilization for Tenants Act. It would allow cities with over one million residents to declare a housing emergency if vacancy rates are 5% or less, and other municipalities to do so after public hearings and data review.
What changed
New York Assembly Bill A04877, introduced on February 7, 2025, proposes the 'Rent Emergency Stabilization for Tenants Act.' This bill would grant cities with a population of one million or more the authority to declare a housing emergency for specific classes of housing accommodations or all housing accommodations if the vacancy rate falls to 5% or below. Other cities, towns, and villages would also be able to declare a housing emergency, provided they consider publicly available data and hold public hearings.
This legislation, if enacted, would significantly impact rent stabilization policies in New York. Compliance officers in affected municipalities should monitor the bill's progression through the Assembly Housing Committee and be prepared to advise on potential new local ordinances related to housing emergencies and rent stabilization. The bill is currently in the draft stage, with a 25% progression, and has an action date of March 27, 2026, for print number 4877b.
What to do next
- Monitor legislative progress of NY A04877
- Review local housing data and vacancy rates
- Prepare for potential new local rent stabilization ordinances
Source document (simplified)
NY A04877 | 2025-2026 | General Assembly
New York Assembly Bill 4877
NY State Legislature page for A04877
- Summary
- Sponsors
- Texts
- Votes
- Research
- Comments
- Track
Status
Sponsorship: Partisan Bill (Democrat 37)
Status: Introduced on February 7 2025 - 25% progression
Action: 2026-03-27 - print number 4877b
Pending: Assembly Housing Committee
Text: Latest bill text (Amended) [HTML]
Summary
Relates to enacting the rent emergency stabilization for tenants act on local determinations of a housing emergency; authorizes a city with a population of one million or more to declare an emergency as to any class of housing accommodations if the vacancy rate for the housing accommodations in such class within such municipality is not in excess of five percent and a declaration of emergency may be made as to all housing accommodations if the vacancy rate for the housing accommodations within such municipality is not in excess of five percent; authorizes other cities, towns and villages to declare a housing emergency after considering publicly available data and holding public hearings.
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Title
Relates to enacting the rent emergency stabilization for tenants act on local determinations of a housing emergency; authorizes a city with a population of one million or more to declare an emergency as to any class of housing accommodations if the vacancy rate for the housing accommodations in such class within such municipality is not in excess of five percent and a declaration of emergency may be made as to all housing accommodations if the vacancy rate for the housing accommodations within such municipality is not in excess of five percent; authorizes other cities, towns and villages to declare a housing emergency after considering publicly available data and holding public hearings.
Sponsors
| Asm. Sarahana Shrestha [D] | Asm. Linda Rosenthal [D] | Asm. Maryjane Shimsky [D] | Asm. Anna Kelles [D] |
| Asm. Gabriella Romero [D] | Asm. Karines Reyes [D] | Asm. Emily Gallagher [D] | Asm. Dana Levenberg [D] |
| Asm. Noah Burroughs [D] | Asm. Phara Souffrant Forrest [D] | Asm. Phillip Steck [D] | Asm. Claire Valdez [D] |
| Asm. Demond Meeks [D] | Asm. Brian Cunningham [D] | Asm. Yudelka Tapia [D] | Asm. Maritza Davila [D] |
| Asm. Christopher Burdick [D] | Asm. Manny De Los Santos [D] | Asm. Sarah Clark [D] | Asm. Harry Bronson [D] |
| Asm. Jonathan Jacobson [D] | Asm. Jessica Gonzalez-Rojas [D] | Asm. Marcela Mitaynes [D] | Asm. Jo Simon [D] |
| Asm. Robert Carroll [D] | Asm. Tony Simone [D] | Asm. Grace Lee [D] | Asm. Tommy Schiavoni [D] |
| Asm. Steven Otis [D] | Asm. Rebecca Seawright [D] | Asm. Steven Raga [D] | Asm. Alfred Taylor [D] |
| Asm. Micah Lasher [D] | Asm. Khaleel Anderson [D] | Asm. Alex Bores [D] | Asm. Diana Moreno [D] |
| Asm. Amanda Septimo [D] | | | |
History
| Date | Chamber | Action |
| --- | --- | --- |
| 2026-03-27 | Assembly | print number 4877b |
| 2026-03-27 | Assembly | amend and recommit to housing |
| 2026-01-07 | Assembly | referred to housing |
| 2025-02-18 | Assembly | print number 4877a |
| 2025-02-18 | Assembly | amend and recommit to housing |
| 2025-02-07 | Assembly | referred to housing |
Same As/Similar To
S04659 (Same As) 2026-03-26 - PRINT NUMBER 4659B
New York State Sources
| Type | Source |
| --- | --- |
| Summary | https://www.nysenate.gov/legislation/bills/2025/A4877 |
| Text | https://assembly.state.ny.us/leg/?default_fld=&bn=A04877&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A04877 |
| Text | https://assembly.state.ny.us/leg/?default_fld=&bn=A04877&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A04877A |
| Text | https://assembly.state.ny.us/leg/?default_fld=&bn=A04877&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A04877B |
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