LO
ConstraintCognitive automation2025-10-16
New York made it unlawful to facilitate agreements between landlords not to compete, counting software that recommends rental prices as a coordinating function
Property manageroccupation page →
Event date / reported
2025-10-16
Evidence stage
ConstraintFailure, rollback, regulation or cost is suppressing adoption. Can lower an assessment or widen its uncertainty.
Tasks this bears on
Setting rents and lease terms
Deciding asking rents, renewal terms and concessions.
Being augmented✓ Evidence-backed
Where this applies
New York State, United States. The law makes it unlawful to knowingly or with reckless disregard facilitate an agreement between or among two or more residential rental property owners or managers not to compete, and defines a coordinating function to include recommending rental prices, lease renewal terms, ideal occupancy levels or other lease terms to a residential rental property owner or manager. The text read is the bill as printed; the chaptered version may differ.
What this means
A state law now treats rent-recommending software that coordinates landlords as unlawful, so rents must be set competitively.
What it does not yet show
One state; it does not stop a landlord using software on its own data.
What you can check
If you manage property in New York, check whether your pricing tool draws on other owners’ data.
Does it change the assessment?
No. The impact index is never moved by a single event. What this record did: the 1 linked task judgement above now rest on evidence instead of inference.
Source
New York State Assembly — S7882 (2025), adding General Business Law §340-b; signed as Chapter 437 on October 16, 2025 · verified 2026-10-07 · Claude (VOLO agent) · interpreted 2026-10-07 · Claude (VOLO agent)
Primary source — published by the party that did this, or the authority of record. No co-signature needed.