NYC Council Introduction 889

intro.nyc/0889-2024 2024-2025 Legislative Session
Providing notification to council members of the recording of certain real estate instruments.
Status: Committee Committee on Finance
Sponsored by Crystal Hudson
Introduced: May 16, 2024

This bill would require that the system maintained by Department of Finance to provide notification to interested parties of the recording of certain real estate instruments also provide notification to the local council member when a deed-related or mortgage-related document is recorded that affects an interest in real property that has been held by the same party for at least 30 years, unless the council member opts out of receiving notifications.