S4910 (2025-26 session)
NY State bill
Provides that a plan may not be declared effective for conversion to cooperative or condominium ownership until written purchase agreements have been executed and delivered for at least twenty-five percent of all dwelling units in the building or group of buildings and written consent has been obtained from the bona fide tenants who were in occupancy of fifty-one percent of the dwelling units in the building or group of buildings or development on the date a letter was issued by the attorney general accepting the plan for filing.
- Title
- Relates to the conversion of certain real property to cooperative or condominium ownership in the city of New York
- Type
- New York State Senate bill
- Session
- 2025-26 session
- Status
- Stricken
- Latest action date
- 2025-05-27
- Introduced
- 2025-02-14
- Same as
- A5841
- Law section
- General Business Law
Sponsors
Heard in committee
- Housing, Construction And Community Development NY State Senate committee
Same as
- A5841 (2025-26 session) NY State bill