S5080 — Facilitates conversion of commercial buildings to residential uses in New York city and authorizes property tax exemptions of converted buildings that include affordable housing

S5080 — Facilitates conversion of commercial buildings to residential uses in New York city and authorizes property tax exemptions of converted buildings that include affordable housing · Informed CitizenryPart A amends the multiple dwelling law to facilitate converting commercial buildings to residential uses in New York City. It permits occupancy for general residential purposes in buildings that w…Open in Informed Citizenry