New York 2025-2026 Regular Session

New York Senate Bill S07882

Introduced
5/13/25  
Refer
5/13/25  
Report Pass
5/20/25  
Engrossed
6/9/25  
Refer
6/9/25  

Caption

Prohibits a person or entity from knowingly or with reckless disregard facilitate an agreement between or among two or more residential rental property owners or managers to not compete with respect to residential rental dwelling units, including by operating or licensing a software, data analytics service, or algorithmic device that performs a coordinating function on behalf of or between and among such residential rental property owners or managers.

Impact

The implications of Bill S07882 are significant for both landlords and tenants in New York State. By restricting the use of algorithmic devices or software that affects pricing and competition, the bill aims to prevent collusion among landlords, which could escalate rental prices beyond fair market value. This change is perceived as a measure to enhance tenant protection while ensuring transparency in rental agreements. The bill is part of a broader initiative to regulate how technology influences everyday sectors like housing, particularly amid growing concerns regarding affordable housing access and tenant exploitation in the rental market.

Summary

Bill S07882 seeks to address the use of algorithmic pricing in determining rental prices by prohibiting residential rental property owners and managers from using such systems in a manner that facilitates a non-competitive environment in the rental market. The bill establishes that it is unlawful for any person or entity to knowingly assist in creating agreements between rental property owners or managers that restrict competition, particularly in relation to setting rental prices or lease terms. This legislative action underlines the ongoing shift towards regulating technology use within the housing market, especially concerning how algorithms could impact market behavior and tenant rights.

Contention

Despite its intent to ensure fair competition and protect tenants, the bill has sparked considerable debate among stakeholders. Opponents, including property owners and real estate associations, argue that regulating algorithmic pricing could hinder innovative practices that might improve housing accessibility. They express concern that the bill might inadvertently limit landlords’ ability to leverage technology for more efficient management of rental properties. Moreover, critics worry that the bill sets a precedent for government overreach into business practices, potentially stifling economic growth within the rental market.

Companion Bills

NY A01417

Same As Prohibits a person or entity from knowingly or with reckless disregard facilitate an agreement between or among two or more residential rental property owners or managers to not compete with respect to residential rental dwelling units, including by operating or licensing a software, data analytics service, or algorithmic device that performs a coordinating function on behalf of or between and among such residential rental property owners or managers.

Previously Filed As

NY S09609

Prohibits the collecting of information of historical or contemporaneous prices, supply levels, or lease or rental contract termination and renewal dates of residential dwelling units from two or more rental property owners for purposes of analyzing or processing of such information using an algorithm and of recommending rental prices, lease renewal terms, or ideal occupancy levels to a rental property owner.

NY A10669

Requires online property marketplaces to verify that the person listing or claiming the property or rental is authorized to do so prior to allowing a property or rental to be listed on its website, application or software or permitting any person to claim ownership of an existing property or rental listing.

NY S06386

Provides that any small property owner that owns twenty units or less shall be entitled to free legal services if such small property owner can prove a loss of at least twenty percent of rent payments in a calendar year; defines "small property owner" as any lessor in a residential real property transaction, and includes an owner of twenty units or less who lists residential real property for lease with an agent, whether or not a lease results, or who receives an offer to lease twenty units of residential real property or less.

NY A06817

Provides that any small property owner that owns twenty units or less shall be entitled to free legal services if such small property owner can prove a loss of at least twenty percent of rent payments in a calendar year; defines "small property owner" as any lessor in a residential real property transaction, and includes an owner of twenty units or less who lists residential real property for lease with an agent, whether or not a lease results, or who receives an offer to lease twenty units of residential real property or less.

NY S05997

Authorizes cities having a population of one million or more to provide a rebate during a specified city fiscal year of a portion of the real property taxes on owner occupied 1, 2, 3, 4, 5 or 6 family residential real property, or residential real property held in the condominium or cooperative form of ownership.

NY S01592

Prohibits any person who owns or manages more than four rental units within the state from serving as a public member on a rent guidelines board.

NY S00663

Requires residential real property managers or any firm employing a property manager, contracting with a property manager or contracting to provide a property manager to file a registration statement with the secretary of state and to be certified from an approved certifying organization.

NY S01931

Prohibits residential and commercial properties from operating digital billboards or signs that use flashing, intermittent or moving lights near certain Mitchell-Lama housing within a city with a population of one million or more.

NY A07456

Prohibits residential and commercial properties from operating digital billboards or signs that use flashing, intermittent or moving lights near certain Mitchell-Lama housing within a city with a population of one million or more.

NY A06127

Prohibits corporate entity, real estate developer, or residential building contractor from directly or indirectly purchasing, owning, building, acquiring, or otherwise obtaining any interest in any single-family private dwelling and converting such property into residential real estate containing one rental unit.

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