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Bill

A 6752

Requires the posting of broker and management information on commercial property

2025 Regular Session Introduced by Tony Simone

Requires on-site posting of broker and property management contact info on commercial properties to boost transparency for tenants, investors, and stakeholders.

REFERRED TO JUDICIARY
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WeVote Research Nonpartisan
Bill Summary · A 6752

Summary: Assembly Bill A 6752 – posting of broker and management information on commercial property

Overview

A 6752 is a proposed New York Assembly bill titled “Requires the posting of broker and management information on commercial property.” The bill would require certain information related to brokers and property management to be posted on commercial properties. The sponsor listed is Tony Simone (primary). The bill was introduced on March 11, 2025 and has been referred to the Judiciary Committee.

Purpose and intent

  • The stated aim appears to be increasing transparency surrounding who is responsible for handling brokerage activities and property management for commercial spaces.
  • By mandating visible information on-site, the bill seeks to provide tenants, prospective tenants, investors, and other stakeholders with direct access to appropriate representatives and management contacts.

Key provisions (as described in available summary)

  • The bill would require posting of broker and management information on commercial property.
  • The exact details—such as which specific information must be posted (names, affiliations, license numbers, contact methods), where the information must appear, formats (signage, digital displays), update requirements, exemptions (e.g., certain property types or classes), penalties for noncompliance, and enforcement mechanisms—are not detailed in the provided summary. The full text would specify these elements.
  • The provision is framed as a requirement for on-site visibility, implying ongoing maintenance to ensure information remains current.

Affected parties

  • Primary: Owners, landlords, property managers, and brokers involved with commercial properties.
  • Secondary: Tenants, prospective tenants, property developers, real estate professionals, and possibly investors who utilize or lease commercial space.
  • The requirement would apply to properties where brokered or managed arrangements exist for commercial use.

Procedural and timeline aspects

  • Introduced: March 11, 2025.
  • Status: Referred to the Judiciary Committee.
  • The legislative actions record shows two identical entries for the same date indicating a committee referral action is recorded more than once in the provided data.

Sponsorship and related legislation

  • Primary sponsor: Tony Simone.
  • Related bills (prior-session): A 10125, A 6432, A 4504, A 2306. The presence of related prior-session bills suggests ongoing interest in disclosure or transparency measures in commercial property transactions and management.

Potential impact and considerations

  • If enacted, property owners and brokers would incur compliance duties, including design, placement, and upkeep of posted information.
  • Potential benefits include improved transparency, easier contact for tenants and clients, and clearer lines of responsibility for property management.
  • Possible concerns or questions for stakeholders: the specific data required, how frequently postings must be updated, enforcement mechanisms and penalties, and any exemptions or special-case scenarios.
  • Next steps would involve committee deliberations in Judiciary, potential amendments, and eventual floor votes; if passed, an effective date and transition period would be defined in the final text.

Note: The available information does not include the bill’s exact text, definitions, or the full scope of required information and penalties. For precise requirements and dates, consult the bill’s full language and fiscal notes once released.

Compiled from official sources — confirm details with the bill’s official record.

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