Alex Bores’ Bills
A3286 · 2025–2026

Establishes a tax on certain vacant land in the city of New York

In committee Ways And Means Committee
HousingAffordability

Authorizes New York City to tax certain vacant land (with exemptions) and creates a tax credit for certain renovations to rent-stabilized properties. (Auto-generated summary)

Official record

Official summary · NYS Open LegislationEstablishes a tax on certain vacant land in the city of New York; provides exemptions for certain vacant land; establishes a tax credit for certain renovations to certain rent-stabilized properties.

What it does: AN ACT to amend the tax law, in relation to requiring any city having a population of one million or more to impose and collect taxes on certain vacant land; and to amend the real property tax law, in relation to establishing a tax credit for certain renovations to rent-stabilized properties

Legislative history

  1. 2025-01-27Assembly: REFERRED TO WAYS AND MEANS
  2. 2026-01-07Assembly: REFERRED TO WAYS AND MEANS