Int 0570-2024
Creating a land bank.
Subject to the approval of the New York State Urban Development Corporation, this bill would establish a land bank for New York City, which would have a board comprised of the mayor or their designee; the commissioner of finance or their designee; the commissioner of housing preservation and development or their designee; three persons appointed by the speaker of the council; and one person appointed by the mayor with the advice and consent of the council. The land bank would be empowered under state and local law to purchase tax liens from the city and to enforce such tax liens in accordance with policies and procedures intended to promote the goals of collecting outstanding revenues of the city; preserving ownership and equity interests in homes; preventing the displacement of residents from their dwellings; promoting proper and effective management of multiple dwelling residents; and preventing recidivism among properties with tax liens.
DCo-Sponsors (27)
Bill History (18)
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Attachments (29)
Summary of Int. No. 570
10/20/2025
Int. No. 570
12/1/2025
March 7, 2024 - Stated Meeting Agenda
3/7/2024
Hearing Transcript - Stated Meeting 3-7-24
3/20/2024
Minutes of the Stated Meeting - March 7, 2024
8/9/2024
Fiscal Impact Statement - City Council
6/3/2025
Committee Report 6/3/25
6/5/2025
Hearing Testimony 6/3/25
6/12/2025
Hearing Transcript 6/3/25
7/16/2025
Proposed Int. No. 570-A - 10/20/25
12/14/2025
Summary of Int. No. 570-A
12/11/2025
Committee Report 11/13/25
11/11/2025
Int. No. 570-A - Fiscal Impact Statement - OMB
11/13/2025
Int. No. 570-A - Fiscal Impact Statement - City Council
11/13/2025
Hearing Testimony 11/13/25
11/19/2025
Hearing Transcript 11/13/25
12/5/2025
Proposed Int. No. 570-B - 12/11/25
12/14/2025
Summary of Int. No. 570-B
12/14/2025
Committee Report 12/18/25
12/18/2025
Int. No. 570-B - Fiscal Impact Statement - City Council
12/18/2025
Committee Report - Stated Meeting
12/18/2025
December 18, 2025 - Stated Meeting Agenda
12/18/2025
Int. No. 570-B (FINAL)
12/22/2025
Hearing Transcript 12/18/25
12/30/2025
Mayor's Veto Message
1/5/2026
Hearing Transcript - Stated Meeting 12-18-25
1/12/2026
Committee Report 1/29/26
1/28/2026
Committee Report - Stated Meeting
2/2/2026
Hearing Transcript 1/29/26
2/4/2026