A. 7467--A 2
zoning resolution for such occupancy. A reduction in the number of occu-
pied residential units in a building after December first, nineteen
hundred eighty-one shall not eliminate the protections of this article
for any remaining residential occupants qualified for such protections.
Non-residential space in a building as of [the effective date of the act
which added this article] JUNE TWENTY-FIRST, NINETEEN HUNDRED EIGHTY-TWO
shall be offered for residential use only after the obtaining of a resi-
dential certificate of occupancy for such space, and such space shall be
exempt from this article, even if a portion of such building may be an
interim multiple dwelling.
S 3. Subdivision 5 of section 281 of the multiple dwelling law, as
amended by chapter 147 of the laws of 2010, is amended to read as
follows:
5. Notwithstanding the provisions of paragraphs (i), (iii) and (iv) of
subdivision two of this section, but subject to paragraphs (i) and (ii)
of subdivision one of this section and paragraph (ii) of subdivision two
of this section, the term "interim multiple dwelling" shall include
buildings, structures or portions thereof that are located in a city of
more than one million persons which were occupied for residential
purposes as the residence or home of any three or more families living
independently from one another for a period of twelve consecutive months
during the period commencing January first, two thousand eight, and
ending December thirty-first, two thousand nine, provided that the unit:
is not located in a basement or cellar and has at least one entrance
that does not require passage through another residential unit to obtain
access to the unit, has at least one window opening onto a street or a
lawful yard or court as defined in the zoning resolution for such muni-
cipality, and is at least five hundred fifty square feet in area. The
term "interim multiple dwelling" as used in this subdivision shall not
include (i) any building in an industrial business zone established
pursuant to chapter six-D of title twenty-two of the administrative code
of the city of New York except that a building in the
Williamsburg/Greenpoint or North Brooklyn industrial business zones and
a building located in that portion of the Long Island city industrial
business zone that has frontage on either side of forty-seventh [street]
AVENUE or is located north of forty-seventh [street] AVENUE and south of
Skillman avenue or in that portion of the Long Island city industrial
business zone that is located north of forty-fourth drive, south of
Queens plaza north, and west of twenty-third street may be included in
the term "interim multiple dwelling," or (ii) units in any building
that, at the time this subdivision shall take effect AND CONTINUING AT
THE TIME OF THE SUBMISSION OF AN APPLICATION FOR COVERAGE BY ANY PARTY,
also contains a use actively and currently pursued, which use is set
forth in use groups fifteen through eighteen, as described in the zoning
resolution of such municipality in effect on June twenty-first, two
thousand ten, and which the loft board has determined in rules and regu-
lation is inherently incompatible with residential use in the same
building, provided that if a building does not contain such active uses
at the time this subdivision takes effect, no subsequent use by the
owner of the building shall eliminate the protections of this section
for any residential occupants in the building already qualified for such
protections. The term "interim multiple dwelling," as used in this
subdivision shall also include buildings, structures or portions thereof
that are located north of West 24th Street and south of West 27th Street
and west of tenth avenue and east of eleventh avenue in a city of more
than one million persons which were occupied for residential purposes as
A. 7467--A 3
the residence or home of any two or more families living independently
from one another for a period of twelve consecutive months during the
period commencing January first, two thousand eight, and ending December
thirty-first, two thousand nine and subject to all the conditions and
limitations of this subdivision other than the number of units in the
building. A reduction in the number of occupied residential units in a
building after meeting the aforementioned twelve consecutive month
requirement shall not eliminate the protections of this section for any
remaining residential occupants qualified for such protections. Non-re-
sidential space in a building as of [the effective date of this subdivi-
sion] JUNE TWENTY-FIRST, TWO THOUSAND TEN shall be offered for residen-
tial use only after the obtaining of a residential certificate of
occupancy for such space and such space shall be exempt from this arti-
cle, even if a portion of such building may be an interim multiple
dwelling.
S 4. Paragraph (vi) of subdivision 1 of section 284 of the multiple
dwelling law, as amended by chapter 135 of the laws of 2010, is amended
to read as follows:
(vi) Notwithstanding the provisions of paragraphs (i) through (v) of
this subdivision the owner of an interim multiple dwelling made subject
to this article by subdivision five of section two hundred eighty-one of
this article (A) shall file an alteration application within nine months
from the [effective date of the chapter of the laws of two thousand ten
which amended this subparagraph] PROMULGATION OF THE RULES AND REGU-
LATIONS PURSUANT TO SUBDIVISION FIVE OF SECTION TWO HUNDRED EIGHTY-ONE
OF THIS ARTICLE, and (B) shall take all reasonable and necessary action
to obtain an approved alteration permit within twelve months from [such
effective date] THE PROMULGATION OF THE RULES AND REGULATIONS PURSUANT
TO SUBDIVISION FIVE OF SECTION TWO HUNDRED EIGHTY-ONE OF THIS ARTICLE,
and (C) shall achieve compliance with the standards of safety and fire
protection set forth in article seven-B of this chapter for the residen-
tial portions of the building within eighteen months from obtaining such
alteration permit [or eighteen months from such effective date, whichev-
er is later], and (D) shall take all reasonable and necessary action to
obtain a certificate of occupancy as a class A multiple dwelling for the
residential portions of the building or structure within thirty-six
months from [such effective date] THE PROMULGATION OF THE RULES AND
REGULATIONS PURSUANT TO SUBDIVISION FIVE OF SECTION TWO HUNDRED EIGHTY-
ONE OF THIS ARTICLE. The loft board may, upon good cause shown, and upon
proof of compliance with the standards of safety and fire protection set
forth in article seven-B of this chapter, twice extend the time of
compliance with the requirement to obtain a residential certificate of
occupancy for periods not to exceed twelve months each.
S 5. Paragraph (ix) of subdivision 1 of section 284 of the multiple
dwelling law, as amended by chapter 135 of the laws of 2010, is amended
to read as follows:
(ix) In addition to the penalties provided in article eight of this
chapter, if there is a finding by the loft board that an owner has
failed to satisfy any requirement specified in paragraph (i), (ii),
(iii), (iv), (v), or (vi) of this subdivision, a court may order specif-
ic performance to enforce the provisions of this article upon the appli-
cation of [three occupants of separate residential units] ANY OCCUPANT,
qualified for the protection of this article WHO RESIDES IN THE AFFECTED
INTERIM MULTIPLE DWELLING, or upon the application of the municipality.
A. 7467--A 4
S 6. Subdivision 2 of section 285 of the multiple dwelling law, as
amended by chapter 135 of the laws of 2010, is amended to read as
follows:
2. Notwithstanding any other provision of this article, an owner may
apply to the loft board for exemption of a building or portion thereof
from this article on the basis that compliance with this article in
obtaining a legal residential certificate of occupancy would cause an
unjustifiable hardship either because: (i) it would cause an unreason-
ably adverse impact on a non-residential conforming use tenant within
the building or (ii) the cost of compliance renders legal residential
conversion infeasible. Residential and other tenants shall be given not
less than sixty days notice in advance of the hearing date for such
application. If the loft board approves such application, the building
or portion thereof shall be exempt from this article, and may be
converted to non-residential conforming uses, provided, however, that
the owner shall, as a condition of approval of such application, agree
to file an irrevocable recorded covenant in form satisfactory to the
loft board enforceable for fifteen years by the municipality, that the
building will not be re-converted to residential uses during such time.
The standard for granting such hardship application for a building or
portion thereof shall be as follows: (a) the loft board shall only grant
the minimum relief necessary to relieve any alleged hardship with the
understanding if compliance is reasonably possible it should be achieved
even if it requires alteration of units, relocation of tenants to vacant
space within the building, re-design of space or application for a non-
use-related variance, special permit, minor modification or administra-
tive certification; (b) self-created hardship shall not be allowed; (c)
the test for cost infeasibility shall be that of a reasonable return on
the owner's investment not maximum return on investment; (d) the test
for unreasonably adverse impact on a non-residential conforming use
tenant shall be whether residential conversion would necessitate
displacement. Such hardship applications shall be submitted to the loft
board within nine months of the establishment of the loft board (or, in
the case of interim multiple dwellings referred to in subdivision four
of section two hundred eighty-one of this article, within nine months of
[the effective date of such subdivision four] JUNE TWENTY-FIRST, NINE-
TEEN HUNDRED EIGHTY-TWO or in the case of interim multiple dwellings
made subject to this article by subdivision five of section two hundred
eighty-one of this article, within nine months of [the effective date of
such subdivision five] JUNE TWENTY-FIRST, TWO THOUSAND TEN), but shall
not be considered, absent a waiver by the loft board, unless the owner
has also filed an alteration application. In determination of any such
hardship application, the loft board may demand such information as it
deems necessary. In approving any such hardship application, the loft
board may fix reasonable terms and conditions for the vacating of resi-
dential occupancy.
S 7. Section 286 of the multiple dwelling law, as added by chapter 349
of the laws of 1982, subdivision 2 as amended by chapter 414 of the laws
of 1999, subparagraphs (A) and (B) of paragraph (ii) of subdivision 2,
paragraph (iii) of subdivision 2, and subdivision 3 as amended by chap-
ter 135 of the laws of 2010, is amended to read as follows:
S 286. Tenant protection. 1. It shall not be a ground for an action or
proceeding to recover possession of a unit occupied by a residential
occupant qualified for the protection of this article that the occupancy
of the unit is illegal or in violation of provisions of the tenant's
lease or rental agreement because a residential certificate of occupancy
A. 7467--A 5
has not been issued for the building, or because residential occupancy
is not permitted by the lease or rental agreement.
2. (i) Prior to compliance with safety and fire protection standards
of article seven-B of this chapter, residential occupants qualified for
protection pursuant to this article shall be entitled to continued occu-
pancy, provided that the unit is their primary residence, and shall pay
the same rent, [including escalations,] specified in their lease or
rental agreement to the extent to which such lease or rental agreement
remains in effect or, in the absence of a lease or rental agreement, the
same rent most recently paid and accepted by the owner; if there is no
lease or other rental agreement in effect, rent adjustments prior to
article seven-B compliance shall be in conformity with guidelines to be
set by the loft board for such residential occupants within six months
from [the effective date of this article] JUNE TWENTY-FIRST, NINETEEN
HUNDRED EIGHTY-TWO, PROVIDED, HOWEVER, THAT SUCH RENT ADJUSTMENTS,
ALLOWED PURSUANT TO THIS PARAGRAPH, SHALL NOT APPLY TO UNITS MADE
SUBJECT TO THIS ARTICLE BY SUBDIVISION FIVE OF SECTION TWO HUNDRED
EIGHTY-ONE OF THIS ARTICLE.
(ii) In addition to any rent adjustment pursuant to paragraph (i) of
this subdivision, on or after June twenty-first, nineteen hundred nine-
ty-two, the rent for residential units in interim multiple dwellings
that are not yet in compliance with the requirements of subdivision one
of section two hundred eighty-four of this article shall be adjusted as
follows:
(A) Upon the owners' filing of an alteration application, as required
by paragraph (ii), (iii), (iv), (v), or (vi) of subdivision one of
section two hundred eighty-four of this article, an adjustment equal to
THE COST OF FILING AN ALTERATION APPLICATION DIVIDED BY EIGHTY-FOUR,
DIVIDED BY THE AMOUNT OF SQUARE FOOTAGE LOCATED WITHIN ALL OF THE INTER-
IM MULTIPLE DWELLING UNITS, AND THEN MULTIPLIED BY THE AMOUNT OF SQUARE
FOOTAGE LOCATED WITHIN SUCH INTERIM MULTIPLE DWELLING UNIT UP TO A MAXI-
MUM OF six percent of the rent in effect at the time the owner files the
alteration application. THE INCREASE PERMITTED PURSUANT TO THIS SUBPAR-
AGRAPH SHALL BE COLLECTED AS A MONTHLY SURCHARGE TO THE MAXIMUM RENT. IT
SHALL BE SEPARATELY DESIGNATED AND BILLED AS SUCH AND SHALL NOT BE
COMPOUNDED BY ANY OTHER ADJUSTMENT TO THE MAXIMUM RENT. COLLECTION OF
SURCHARGES PURSUANT TO THIS SUBPARAGRAPH SHALL CEASE WHEN THE OWNER HAS
RECOVERED THE COST OF FILING AN ALTERATION APPLICATION. THE OWNER SHALL
FILE WITH THE LOFT BOARD AN EXPLANATION OF HOW THE SURCHARGE WAS
COMPUTED, AND ALL DOCUMENTS NECESSARY TO SUPPORT THE COLLECTION OF SUCH
SURCHARGE, INCLUDING BUT NOT LIMITED TO, CANCELLED CHECKS, INVOICES AND
SIGNED CONTRACTS. SUCH INFORMATION SHALL ALSO BE MADE AVAILABLE TO ANY
LEGAL OCCUPANT RESIDING WITHIN THE AFFECTED INTERIM MULTIPLE DWELLING
UNIT.
(B) Upon obtaining an alteration permit, as required by paragraph
(ii), (iii), (iv), (v), or (vi) of subdivision one of section two
hundred eighty-four of this article, an adjustment equal to THE COST OF
OBTAINING AN ALTERATION PERMIT DIVIDED BY EIGHTY-FOUR, DIVIDED BY THE
AMOUNT OF SQUARE FOOTAGE LOCATED WITHIN ALL OF THE INTERIM MULTIPLE
DWELLING UNITS, AND THEN MULTIPLIED BY THE AMOUNT OF SQUARE FOOTAGE
LOCATED WITHIN SUCH INTERIM MULTIPLE DWELLING UNIT UP TO A MAXIMUM OF
eight percent of the rent in effect at the time the owner obtains the
alteration permit. THE INCREASE PERMITTED PURSUANT TO THIS SUBPARAGRAPH
SHALL BE COLLECTED AS A MONTHLY SURCHARGE TO THE MAXIMUM RENT. IT SHALL
BE SEPARATELY DESIGNATED AND BILLED AS SUCH AND SHALL NOT BE COMPOUNDED
BY ANY OTHER ADJUSTMENT TO THE MAXIMUM RENT. COLLECTION OF SURCHARGES
A. 7467--A 6
PURSUANT TO THIS SUBPARAGRAPH SHALL CEASE WHEN THE OWNER HAS RECOVERED
THE COST OF OBTAINING AN ALTERATION PERMIT. THE OWNER SHALL FILE WITH
THE LOFT BOARD AN EXPLANATION OF HOW THE SURCHARGE WAS COMPUTED, AND ALL
DOCUMENTS NECESSARY TO SUPPORT THE COLLECTION OF SUCH SURCHARGE, INCLUD-
ING BUT NOT LIMITED TO, CANCELLED CHECKS, INVOICES AND SIGNED CONTRACTS.
SUCH INFORMATION SHALL ALSO BE MADE AVAILABLE TO ANY LEGAL OCCUPANT
RESIDING WITHIN THE AFFECTED INTERIM MULTIPLE DWELLING UNIT.
(C) Upon achieving compliance with the standards of safety and fire
protection set forth in article seven-B of this chapter for the residen-
tial portions of the building, an adjustment equal to THE COST OF
ACHIEVING COMPLIANCE WITH THE STANDARDS OF SAFETY AND FIRE PROTECTION
DIVIDED BY EIGHTY-FOUR, DIVIDED BY THE AMOUNT OF SQUARE FOOTAGE LOCATED
WITHIN ALL OF THE INTERIM MULTIPLE DWELLING UNITS, AND THEN MULTIPLIED
BY THE AMOUNT OF SQUARE FOOTAGE LOCATED WITHIN SUCH INTERIM MULTIPLE
DWELLING UNIT UP TO A MAXIMUM OF six percent of the rent in effect at
the time the owner achieves such compliance. THE INCREASE PERMITTED
PURSUANT TO THIS SUBPARAGRAPH SHALL BE COLLECTED AS A MONTHLY SURCHARGE
TO THE MAXIMUM RENT. IT SHALL BE SEPARATELY DESIGNATED AND BILLED AS
SUCH AND SHALL NOT BE COMPOUNDED BY ANY OTHER ADJUSTMENT TO THE MAXIMUM
RENT. COLLECTION OF SURCHARGES PURSUANT TO THIS SUBPARAGRAPH SHALL CEASE
WHEN THE OWNER HAS RECOVERED THE COST OF ACHIEVING COMPLIANCE WITH THE
STANDARDS OF SAFETY AND FIRE PROTECTION. THE OWNER SHALL FILE WITH THE
LOFT BOARD AN EXPLANATION OF HOW THE SURCHARGE WAS COMPUTED, AND ALL
DOCUMENTS NECESSARY TO SUPPORT THE COLLECTION OF SUCH SURCHARGE, INCLUD-
ING BUT NOT LIMITED TO, CANCELLED CHECKS, INVOICES AND SIGNED CONTRACTS.
SUCH INFORMATION SHALL ALSO BE MADE AVAILABLE TO ANY LEGAL OCCUPANT
RESIDING WITHIN THE AFFECTED INTERIM MULTIPLE DWELLING UNIT.
(D) Owners who filed an alteration application prior to [the effective
date of this subparagraph] JUNE TWENTY-FIRST, NINETEEN HUNDRED
NINETY-TWO shall be entitled to a prospective adjustment equal to six
percent of the rent on [the effective date of this subparagraph] JUNE
TWENTY-FIRST, NINETEEN HUNDRED NINETY-TWO.
(E) Owners who obtained an alteration permit prior to June twenty-
first, nineteen hundred ninety-two shall be entitled to a prospective
adjustment equal to fourteen percent of the rent on June twenty-first,
nineteen hundred ninety-two.
(F) Owners who achieved compliance with the standards of safety and
fire protection set forth in article seven-B of this chapter for the
residential portions of the building prior to June twenty-first, nine-
teen hundred ninety-two shall be entitled to a prospective adjustment
equal to twenty percent of the rent on June twenty-first, nineteen
hundred ninety-two.
(iii) Any rent adjustments pursuant to paragraph (ii) of this subdivi-
sion shall not apply to units which were rented at market value after
June twenty-first, nineteen hundred eighty-two and prior to [June twen-
ty-first, nineteen hundred ninety-two. This paragraph shall not apply to
units made subject to this article by subdivision five of section two
hundred eighty-one of this article] DECEMBER THIRTY-FIRST, TWO THOUSAND
NINE.
(iv) Payment of any rent adjustments pursuant to paragraph (ii) of
this subdivision shall commence the month immediately following the
month in which the act entitling the owner to the adjustment occurred.
3. Upon or after compliance with the safety and fire protection stand-
ards of article seven-B of this chapter, an owner may apply to the loft
board for an adjustment of rent based upon the cost of such compliance.
Upon approval by the loft board of such compliance, the loft board shall
A. 7467--A 7
set the initial legal regulated rent, and each residential occupant
qualified for protection pursuant to this article shall be offered a
residential lease subject to the provisions regarding evictions and
regulation of rent set forth in the emergency tenant protection act of
nineteen seventy-four, except to the extent the provisions of this arti-
cle are inconsistent with such act.
4. The initial legal regulated rent established by the loft board
shall be equal to (i) the rent in effect, [including escalations,] as of
the date of application for adjustment ("base rent"), plus, (ii) the
maximum annual amount of any increase allocable to compliance as
provided herein; and (iii) the percentage increase then applicable to
one, two or three year leases, as elected by the tenant, as established
by the local rent guidelines board, and applied to the base rent,
provided, however, such percentage increases may be adjusted downward by
the loft board if prior increases based on loft board guidelines cover
part of the same time period to be covered by the rent guidelines board
adjustments.
5. An owner may apply to the loft board for rent adjustments once
based upon the cost of compliance with article seven-B of this chapter
and once based upon the obtaining of a residential certificate of occu-
pancy. If the initial legal regulated rent has been set based only upon
article seven-B compliance, a further adjustment may be obtained upon
the obtaining of a residential certificate of occupancy. Upon receipt of
such records as the loft board shall require, the loft board shall
determine the costs necessarily and reasonably incurred, including
financing, in obtaining compliance with this article pursuant to a sche-
dule of reasonable costs to be promulgated by it. The adjustment in
maximum rents for compliance with this article shall be determined
either (i) by dividing the amount of the cash cost of such improvements
exclusive of interest and service charges over a ten year period of
amortization, or (ii) by dividing the amount of the cash cost of such
improvements exclusive of interest and service charges over a fifteen
year period of amortization, plus the actual annual mortgage debt
service attributable to interest and service charges in each year of
indebtedness to an institutional lender, or other lender approved by the
loft board, incurred by the owner to pay the cash cost of the improve-
ments, provided that the maximum amount of interest charged includable
in rent shall reflect an annual amortization factor of one-fifteenth of
the outstanding principal balance. Rental adjustments to each residen-
tial unit shall be determined on a basis approved by the loft board. An
owner may elect that the loft board shall deem the total cost of compli-
ance with this article to be the amounts certified by the [local depart-
ment of housing preservation and development] APPLICABLE LOCAL AGENCY of
such municipality in any certificate of eligibility issued in connection
with an application for tax exemption or tax abatement to the extent
such certificate reflects categories of costs approved by the loft board
as reasonable and necessary for such compliance. Rental adjustments
attributable to the cost of compliance with this article shall not
become part of the base rent for purposes of calculating rents adjusted
pursuant to rent guidelines board increases. NO RENT ADJUSTMENT ALLOWED
PURSUANT TO THIS SUBDIVISION SHALL BE GIVEN FOR ANY RENT ADJUSTMENT TO
COVER COSTS ALLOWED PURSUANT TO SUBDIVISION TWO OF THIS SECTION.
6. Notwithstanding any provision of law to the contrary, a residential
tenant qualified for protection pursuant to this chapter may sell any
improvements to the unit made or purchased by him to an incoming tenant
provided, however, that the tenant shall first offer the improvements to
A. 7467--A 8
the owner for an amount equal to their fair market value. Upon purchase
of such improvements by the owner, any unit subject to rent regulation
solely by reason of this article and not receiving any benefits of real
estate tax exemption or tax abatement, shall be exempted from the
provisions of this article requiring rent regulation if such building
had fewer than six [residential] units USED FOR RESIDENTIAL PURPOSES as
of [the effective date of the act which added this article, or rented at
market value subject to subsequent rent regulation if such building had
six or more residential units at such time] DECEMBER THIRTY-FIRST, TWO
THOUSAND NINE. The loft board shall establish rules and regulations
regarding such sale of improvements which shall include provisions that
such right to sell improvements may be exercised only once for each unit
subject to this article, and that the opportunity for decontrol or
market rentals shall not be available to an owner found guilty by the
loft board of harassment of tenants.
7. The local rent guidelines board shall annually establish guidelines
for rent adjustments for the category of buildings covered by this arti-
cle in accordance with the standards established pursuant to the emer-
gency tenant protection act of nineteen seventy-four. The local rent
guidelines board shall consider the necessity of a separate category for
such buildings, and a separately determined guideline for rent adjust-
ments for those units in which heat is not required to be provided by
the owner, and may establish such separate category and guideline. The
loft board shall annually commission a study by an independent consult-
ant to assist the rent guidelines board in determining the economics of
loft housing.
8. Cooperative and condominium units occupied by owners or tenant-
shareholders shall not be subject to rent regulation pursuant to this
article.
9. No eviction plan for conversion to cooperative or condominium
ownership for a building which is, or a portion of which is an interim
multiple dwelling shall be submitted for filing to the department of law
pursuant to the general business law until a residential certificate of
occupancy is obtained as required by this article, and the residential
occupants qualified for protection pursuant to this article are offered
one, two or three year leases, as elected by such persons, in accordance
with the provisions for establishment of initial legal regulated rent
contained herein. Non-eviction plans for such buildings may be submitted
for filing only if the sponsor remains responsible for compliance with
article seven-B and for all work in common areas required to obtain a
residential certificate of occupancy. Cooperative conversion shall be
fully in accordance with section three hundred fifty-two-eeee of the
general business law, the requirements of the code of the local real
estate industry stabilization association, and with the rules and regu-
lations promulgated by the attorney general.
10. The functions of the local conciliation and appeals board of such
municipality regarding owners and tenants subject to rent regulation
pursuant to this article shall be carried out by the loft board until
such time as provided otherwise by local law.
11. Residential occupants qualified for protection pursuant to this
article shall be afforded the protections available to residential
tenants pursuant to the real property law and the real property actions
and proceedings law. RESIDENTIAL OCCUPANTS SHALL BE ALLOWED TO COMMENCE
AN ACTION OR PROCEEDING IN A COURT OF COMPETENT JURISDICTION, WHICH
NOTWITHSTANDING ANY OTHER PROVISION OF LAW SHALL INCLUDE THE HOUSING
A. 7467--A 9
PART OF THE NEW YORK CITY CIVIL COURT, TO ENFORCE THE PROVISIONS OF THIS
SUBDIVISION.
12. No waiver of rights pursuant to this article by a residential
occupant qualified for protection pursuant to this article made prior to
[the effective date of the act which added this article] JUNE
TWENTY-FIRST, NINETEEN HUNDRED EIGHTY-TWO shall be accorded any force or
effect; however, subsequent to [the effective date] JUNE TWENTY-FIRST,
NINETEEN HUNDRED EIGHTY-TWO an owner and a residential occupant may
agree to the purchase by the owner of such person's rights in a unit.
13. The applicability of the emergency tenant protection act of nine-
teen seventy-four to buildings occupied by residential tenants qualified
for protection pursuant to this article shall be subject to a declara-
tion of emergency by the local legislative body. In the event such act
expires prior to the expiration of this article, [tenents] TENANTS in
interim multiple dwellings shall be included in coverage of the rent
stabilization law of nineteen hundred sixty-nine of the city of New
York.
S 8. This act shall take effect immediately.