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NY A01954
Bill
Status
1/23/2023
Primary Sponsor
Rodneyse Bichotte Hermelyn
Click for details
AI Summary
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Expands the definition of "eligible senior citizens" in housing conversion plans to include any household member age 62 or older who has lawfully occupied the premises as their residence for at least one year, not just tenants of record and their spouses.
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Expands the definition of "eligible disabled persons" to include any household member with a permanent impairment that substantially limits one or more major life activities, not just tenants of record and their spouses, provided they have occupied the premises for at least one year.
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Changes the disability standard from "prevent the tenant from engaging in any substantial gainful employment" to "substantially limit one or more major life activities" to align with federal disability definitions.
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Applies the expanded eligibility definitions to three sections of the general business law governing different types of housing conversions (sections 352-e, 352-eee, and 352-eeee).
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Allows tenant elections for non-purchasing status to be made within sixty days of plan acceptance, with provisions for delayed elections if disability occurs after plan filing and prior to a bona fide purchase agreement.
Legislative Description
Expands definition of eligible senior citizen and disabled person to include any member of the tenant's household lawfully occupying the premises as such person's residence who is 62 years of age with respect to condominium and cooperative conversion to provide protection to disabled and senior citizen non-purchasing residents of buildings that undergo cooperative or condominium conversions under an eviction plan even where such residents are not tenants of record in the buildings.
Last Action
print number 1954a
5/14/2024