A2148 (2023-24 session)

NY State bill

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.

Title
Establishes a mechanism to address problems created when a cooperative or condominium sponsor suspends efforts to sell apartments in the building being converted
Type
New York State Assembly bill
Session
2023-24 session
Status
In Assembly Committee
Latest action date
2024-01-03
In committee
Housing
Introduced
2023-01-23
Law section
General Business Law

Sponsors

Co-sponsors

Heard in committee

Sources