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NY S00110
Bill
Status
1/4/2017
Primary Sponsor
Brad Hoylman-Sigal
Click for details
AI Summary
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Extends protection from eviction to senior citizens age 62 or older who have continuously lived in New York City buildings since before January 1, 1982, and are non-purchasing tenants facing eviction due to cooperative or condominium conversion plans.
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Allows protected senior tenants to remain in occupancy with all rights of non-purchasing tenants under General Business Law Section 352-eeee and applicable rent regulation protections.
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Limits succession rights for protected units to spouses of the tenant, and thereafter to family members named on the original lease.
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Extends the expiration date of Chapter 555 of the Laws of 1982 (cooperative and condominium conversion regulations) from June 15, 2019 to June 15, 2022.
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Does not apply to units or shares that were sold to bona fide purchasers for occupancy prior to the effective date of the act.
Legislative Description
Provides that a person sixty-two years of age or older, who is a tenant of a dwelling unit located in a building which is located in the city of New York, and who is threatened with eviction because such building is subject to a cooperative or condominium conversion plan, shall be entitled to remain in occupancy of such dwelling unit.
Last Action
REFERRED TO AGING
1/3/2018