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The phrase "occupancy by" is correct and usable in written English.
It can be used to describe the state of being occupied or the act of occupying a space by a person or group.
Example: "The occupancy by the new tenants has increased the building's overall value."
Alternatives: "inhabitation by" or "tenancy by".
Exact(60)
Some units will be ready for occupancy by next spring.
The building should be ready for occupancy by the fall.
Both buildings are expected to be ready for occupancy by year's end.. EDWIN McDOWELL.
As a consequence, it is expected to be ready for occupancy by late summer.
It would rise to 11 stories, about 145 feet, for occupancy by a "Loft & Stores".
Mr. Fishman said the apartments should be ready for occupancy by next June.
Sales will start in June, with initial occupancy by the end of the year.
The new space should be ready for occupancy by October or November of 2003, he said.
The entire project will be ready for occupancy by June, Mr. Gargano said.
It is expected to be ready for occupancy by year's end.
The building is expected to be ready for occupancy by the winter of 2002.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com