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NY A06432
Bill
Status
3/4/2025
Primary Sponsor
Latrice Walker
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AI Summary
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Requires New York State Homes and Community Renewal and NYC Department of Housing Preservation to appoint an independent agency to handle Mitchell-Lama resident complaints, including harassment, rent increases, failure to provide essential services, and co-op board election issues
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Prohibits approval of refinancing and conversion deals unless ownership and managing agents provide comptroller-verified financial documentation accounting for all spending during the 10 years prior to application
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Mandates that all rent and carrying charge increases receive final approval from the NYC or NYS Comptroller, who must certify the increase is financially necessary based on verified review of expenses, assets, and income
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Bars rent/carrying charge increases based on projected future expenses or losses unless the comptroller agrees to monitor and confirm validity of those projections
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Requires the state to provide legal representation and pro se litigant support for landlord/tenant cases, including a comprehensive help desk in state supreme courts and judges with Mitchell-Lama expertise for related cases
Legislative Description
Relates to protecting the rights of current and converted Mitchell-Lama residents.
Last Action
referred to housing
1/7/2026