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NY A04953
Bill
Status
2/9/2021
Primary Sponsor
Carmen De La Rosa
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AI Summary
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Amends Administrative Code Section 26-802 to require owners notifying tenants of assisted rental housing conversions to include a copy of tenant rights and responsibilities issued with the original lease.
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Amends Administrative Code Section 26-803 to require owners notifying tenants of bona fide purchase offers to include a copy of tenant rights and responsibilities issued with the original lease along with the purchaser's name, address, and offer price and terms.
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Removes the exemption that previously allowed owners to skip tenant notification if a bona fide purchaser agreed to maintain affordable housing.
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Takes effect immediately upon enactment.
Legislative Description
Requires notification of tenants for impending conversions and bona fide offers to purchase to include the rights and responsibilities of tenants issued with the original lease.
Last Action
referred to housing
2/9/2021