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NY S03758
Bill
Status
1/29/2025
Primary Sponsor
Cordell Cleare
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AI Summary
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Expands eligibility for non-purchasing tenant protections during co-op/condo conversions to include household members age 62 or older who have lived in the unit for at least one year, not just the tenant of record and their spouse
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Extends the same protections to disabled household members who have resided in the unit for at least one year prior to the conversion plan filing date
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Changes the definition of disability from "prevents engagement in substantial gainful employment" to "substantially limits one or more major life activities," broadening who qualifies
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Maintains existing exclusions for disabilities resulting from addiction to alcohol, gambling, or controlled substances
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Preserves the 60-day election period for tenants to declare non-purchasing status and retains their right to subsequently purchase the unit on terms offered to other tenants
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
ADVANCED TO THIRD READING
2/24/2026