Extends protections to tenants of cooperative housing entities by expanding the definition of landlord to include cooperative entities; defines cooperative entities.
STATE OF NEW YORK
________________________________________________________________________
7977
2025-2026 Regular Sessions
IN SENATE
May 15, 2025
___________
Introduced by Sen. RAMOS -- read twice and ordered printed, and when
printed to be committed to the Committee on Housing, Construction and
Community Development
AN ACT to amend the real property law, in relation to extending
protections to tenants of cooperative housing entities
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The real property law is amended by adding a new section
2 220-a to read as follows:
3 § 220-a. Definitions. For the purposes of this article, on and after
4 the effective date of this section:
5 1. The term "landlord" shall be expanded to include cooperative enti-
6 ties.
7 2. The term "tenant" shall be expanded to include any shareholder,
8 tenant or subtenant of a cooperative entity.
9 3. The term "cooperative entity" shall mean a corporation, entity, or
10 organization that is operating for the purpose of or is providing hous-
11 ing or residences for its shareholders by leasing or subleasing to such
12 shareholders, under proprietary leases or occupancy agreements, or
13 subleases of such leases or occupancy agreements, of apartments or resi-
14 dences in buildings or premises owned by such corporation, entity, or
15 organization.
16 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD11825-01-5
