Prohibits the sale or lease of any property in the state to the People's Republic of China or the Chinese communist party

Summary

The bill adds Article 17 to the state’s real‑property law, making it illegal for anyone to sell, lease, or transfer real estate in New York to the People’s Republic of China, the Chinese Communist Party, or affiliated entities. It authorizes the attorney general to seek court orders to stop such transactions, and the law would become effective 30 days after enactment. The measure is aimed at limiting foreign government ownership of New York property.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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