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NY S01573: Prohibits the collecting of information of historical or contemporaneous prices, supply levels, or lease or rental contract termination and renewal d…

In Committee New York

Last verified Oct 21, 2026 · official bill text

S01573 · where it stands

1 of 5 steps complete
  1. Introduced In committee
  2. Passed first chamber
  3. Passed both chambers
  4. Enacted
  5. Effective
What do these statuses mean?
Introduced
Filed in the legislature; may be waiting for a committee hearing.
Passed a chamber
Approved by one or both chambers; awaiting further action.
Enacted
Signed into law, or became law without a signature or over a veto.
Effective date
The date the law says it takes effect. Once it has passed, the page shows "Effective" and the date. A court order can still block a law; if we know of one, the summary says so.
Dead / vetoed
Vetoed, failed, or the session ended without action.
View full title

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…

In one paragraph

New York's S 1573 would add Real Property Law § 222-a barring owners of four or more residential units from paying for a coordinator's services (software or analytics that collects data from two or more owners and recommends rents, renewal terms or occupancy levels). Coordinators could not facilitate agreements among owners not to compete. The Attorney General could sue for an injunction and monetary penalties; arbitration clauses would be unenforceable. Referred to Judiciary January 7, 2026; it has not passed either chamber.

Plain-English summary, written with AI assistance. The official text controls.

What it means for business

None yet: the bill is pending. If enacted, landlords with four or more units could not buy rent-recommendation services that pool data from multiple owners.

Key provisions

  1. Rental property owners (four or more residential units), and their agents, may not pay for or exchange anything of value for a coordinator's services
  2. A coordinator may not facilitate agreements among owners not to compete on residential units, including by performing a coordinating function, or acquire another coordinator where it risks materially lessening competition
  3. "Coordinating function" means collecting prices, supply levels or lease dates from two or more owners, analyzing them computationally (including training an algorithm) and recommending rents, renewal terms or occupancy levels
  4. Attorney General may sue in Supreme Court to enjoin, compel compliance and recover monetary penalties; an undefined "department" may also sue for a civil penalty; no penalty amount or private right of action is set
  5. Complaints need not allege facts excluding independent action; pre-dispute arbitration agreements and joint action waivers are unenforceable
  6. Does not preempt state, tribal, city or local laws that explicitly supplement it; takes effect immediately

Latest legislative action

Jan 7, 2026. referred to judiciary

Sponsors (showing 5 of 14)

NameRole
Primary
Primary
D Primary
D Primary
Primary

Topics and industries

Related topics

Algorithmic Pricing

Affected industries

Real EstateHousingTechnology

This page is general information, not legal advice. Summaries are AI-assisted and may contain errors; read the statute for the controlling text and talk to a lawyer about your situation. Full disclaimer · Report an error

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Same topic in other states

Rhode Island S2892 Prohibits use of algorithm or artificial intelligence to set residential rental California SB52 Housing rental terms: algorithmic devices. Illinois HB1427 ALGORITHMICS PROHIBITED-RENT Virginia HB1252 Virginia Residential Landlord and Tenant Act; algorithmic pricing device use by New Jersey A3326 Makes use of algorithmic systems to influence price and supply of residential re New Mexico HB215 No Use Of Ai For Rent Manipulation