Summary
New York City Council Committee on Finance Meeting Minutes - November 13, 2025
New YorkNov 13, 20254 min read
At a glance
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The Committee on Finance met at City Hall on November 13, 2025, to discuss and hold hearings on multiple local laws primarily related to tax liens and land banking. Several bills were heard and laid over for further consideration.
Topics discussed
Administrative code amendmentsTax lien sales regulationCommittee hearings and legislative processReporting on unresolved tax liensBudget & TaxNotice requirements to condominium boardsLand bank creationHousing
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Key decisions
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- Held hearings on Int. No. 570-A regarding the creation of a land bank and amendments to the administrative code.
- Held hearings on Int. No. 1407-2025 concerning the sale of tax liens with conditions on the commissioner of finance's authority.
- Held hearings on Int. No. 1411-2025 requiring notice to condominium boards about tax lien sales.
- Held hearings on Int. No. 1419-2025 related to reporting on chronically unresolved tax liens and repealing/replacing section 11-356 of the administrative code.
- Held hearings on Int. No. 1420-2025 concerning the sale of interests in tax liens to a land bank.
- All the above bills were laid over by the committee for further consideration.
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