· NY legislature · 2025-2026

Establishes a mechanism to address problems created when a cooperative or condominium sponsor suspends efforts to sell apartments in the building being converted

Prohibits upon the vacancy of an unsold condominium or cooperative dwelling unit, the rental of such unit unless the original offering plan provided for such rental and a majority of the members of the condominium or cooperative agree thereto; generally requires the sale of such units.

Sponsor

Jeffrey Dinowitz (D-NY)

Introduced

2025-01-27

Policy area

Housing and Community Development

Latest action

REFERRED TO HOUSING