S6626A

The New York State Senate passed legislation to combat vacant storefronts by establishing a centralized online registry for abandoned commercial properties. Senate Print 6626A, sponsored by Sen. Baskin, passed on a 59-0 vote. The bill aims to address blight and property depreciation in commercial districts by providing small business owners with information about vacant storefronts, enabling them to pursue abandoned properties and revitalize retail corridors. Baskin argued that vacant storefronts reduce property values, discourage new business investment, and create economic decline in neighborhoods. The registry will streamline the process for entrepreneurs to identify and access abandoned properties, benefiting small business owners, property owners, and consumers. The legislation takes effect 180 days after becoming law.