New York S00137 requires courts to establish escrow accounts for tenants in special proceedings to recover real property.

New York S00137 amends the real property actions and proceedings law and the New York City Civil Court Act to mandate that any court holding a special proceeding to recover real property must establish an escrow account. Tenants involved in such proceedings must submit any owed rent into this escrow account. This bill affects tenants and courts involved in real property recovery proceedings in New York City.

New York S00137 requires courts to establish escrow accounts for tenants in special proceedings to recover real property.

New York S00137 amends the real property actions and proceedings law and the New York City Civil Court Act to mandate that any court holding a special proceeding to recover real property must establish an escrow account. Tenants involved in such proceedings must submit any owed rent into this escrow account. This bill affects tenants and courts involved in real property recovery proceedings in New York City.