S.7882 / A.1417-B (Laws of 2025, chapter 437; N.Y. General Business Law § 340-b): ban on algorithmic coordination of residential rents

Summary

New York added section 340-b to the General Business Law (Article 22, the state antitrust law). It is unlawful for any person, knowingly or with reckless disregard, to facilitate an agreement among two or more residential rental property owners or managers not to compete, including by operating or licensing software, a data analytics service or an algorithmic device that performs a coordinating function for them. It is also an unlawful agreement for an owner or manager, knowingly or with reckless disregard, to set or adjust rents, renewal terms, occupancy levels or other lease terms based on recommendations from such a tool. A coordinating function means collecting prices, supply levels or lease dates from two or more unaffiliated owners or managers, analyzing that information by computation (including training an algorithm on it), and recommending rents or lease terms. Products used to set rent or income limits under rent regulation or government affordable-housing programs are excluded. The section creates no new penalty schedule; the existing remedies of the state antitrust article apply.

Key dates

1. October 16, 2025Enacted
2. October 16, 2026Checked against sources
3. October 21, 2026Checked against sources

Developments are added when the record is reviewed. Next review: January 15, 2027.

Evidence

Each passage is quoted from its source. The quoted passages are re-checked against the live pages every month.

1. It shall be an unlawful violation of this article for a person or entity to knowingly or with reckless disregard facilitate an agreement between or among two or more residential rental property owners or managers to not compete with respect to residential rental dwelling units

   Supports: Core prohibition on facilitators

   set or adjust rental prices, lease renewal terms, occupancy levels, or other lease terms and conditions in one or more of their residential rental properties based on recommendations from a software, data analytics service, or algorithmic device performing a coordinating function.

   Supports: Prohibition on owners and managers

   analyzing or processing the information described in subparagraph (i) of this paragraph using a system, software, or process that uses computation, including by using that information to train an algorithm

   Supports: Coordinating function definition

   N.Y. General Business Law § 340-b, Agreements to not compete with respect to residential rental dwelling units New York State Senate (Open Legislation) Primary source

2. DELIVERED TO GOVERNOR 10/16/2025 SIGNED CHAP.437

   Supports: Signing date and chapter number

   S07882 summary and actions (2025) New York State Assembly Primary source

3. This act shall take effect on the sixtieth day after it shall

   Supports: Effective-date clause

   S.7882 (2025) bill text New York State Senate (Open Legislation) Primary source

4. The statute does not create a new penalty schedule; rather, it declares the specified conduct an “unlawful violation” and an “unlawful agreement” under New York’s antitrust law.

   Supports: Remedies under existing antitrust law

   New York Enacts S7882 Prohibiting Algorithmic Coordination in Residential Rent-Setting Vinson & Elkins Reporting or analysis