Senate Bill S2124

2019-2020 Legislative Session

Requires cooperative housing corporations provide a prospective purchaser with a written statement of reasons when withholding consent to a purchase

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Codes Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2019-S2124 (ACTIVE) - Details

Current Committee:
Senate Codes
Law Section:
Civil Rights Law
Laws Affected:
Amd §19-a, Civ Rts L
Versions Introduced in Other Legislative Sessions:
2015-2016: S6439
2017-2018: S4551
2021-2022: S1449
2023-2024: S5789

2019-S2124 (ACTIVE) - Summary

Requires cooperative housing corporations provide a prospective purchaser with a written statement of reasons when withholding consent to a purchase; voids any agreement inconsistent with such requirement.

2019-S2124 (ACTIVE) - Sponsor Memo

2019-S2124 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2124
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                             January 22, 2019
                                ___________
 
 Introduced  by  Sen. SANDERS -- read twice and ordered printed, and when
   printed to be committed to the Committee on Codes
 
 AN ACT to amend the civil rights law, in relation to  discrimination  in
   the ownership of cooperative housing
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Legislative findings and declaration of intent. The  legis-
 lature  recognizes  that cooperative ownership in multi-family dwellings
 is a popular form of home  ownership  in  New  York  state.  An  ongoing
 concern  for  consumers dealing in the cooperative housing market is the
 potential for the unlawful rejection by a board of directors of a buyer.
   The legislature finds and determines that, not infrequently,  a  co-op
 board  rejects  what appears to be a well-qualified customer. Often, the
 prospective purchaser has concerns that the rejection was in fact unlaw-
 ful discrimination. Both federal and state  laws  protect  our  citizens
 from  unfair  housing practices, which include discrimination based upon
 race, ethnicity, gender, age or family status.
   For such reasons, it is the legislature's intent to require boards  of
 directors of cooperative housing to disclose to proposed purchasers, the
 reasons for rejecting a sale.
   § 2.  Section 19-a of the civil rights law, as added by chapter 376 of
 the laws of 1971, is amended to read as follows:
   §  19-a.    Prohibition  against  unreasonable withholding of consent.
 WHENEVER ANY CORPORATION FORMED  FOR  THE  PURPOSE  OF  THE  COOPERATIVE
 OWNERSHIP  OF REAL ESTATE WITHIN THE STATE WITHHOLDS CONSENT TO THE SALE
 OR PROPOSED SALE OF CERTIFICATES OF STOCK OR OTHER EVIDENCE OF OWNERSHIP
 OF AN INTEREST IN SUCH CORPORATION, SUCH CORPORATION SHALL  PROVIDE  THE
 PROSPECTIVE  PURCHASER WITH A WRITTEN STATEMENT OF ITS REASONS FOR WITH-
 HOLDING CONSENT NO LATER THAN FIVE BUSINESS DAYS AFTER ITS  DECISION  TO
 WITHHOLD CONSENT.

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD07101-01-9
              

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