The New York City Council adopted a local law establishing a temporary program for issuing special permits for the conversion of certain hotels into permanent residences. This program aims to address the city's housing crisis by facilitating the adaptive reuse of underutilized hotel properties. The permits are subject to specific criteria, including location, building condition, and affordable housing components, ensuring conversions contribute positively to the city's housing stock. The program is set to operate for five years from its effective date. Key provisions include establishing a special permit process, specifying eligibility criteria for hotels (such as zoning districts and age), and requiring a portion of converted units to be affordable housing.