Senate Bill S3155A

2013-2014 Legislative Session

Relates to the right of tenant association to have the first option to purchase a housing unit

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Sponsored By

Archive: Last Bill Status - In Senate Committee Housing, Construction And Community Development 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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Bill Amendments

co-Sponsors

2013-S3155 - Details

See Assembly Version of this Bill:
A6583
Current Committee:
Senate Housing, Construction And Community Development
Law Section:
Private Housing Finance Law
Laws Affected:
Add Art 2-A ยงยง38 - 38-l, Priv Hous Fin L
Versions Introduced in Other Legislative Sessions:
2009-2010: S3852, A9974, A861
2011-2012: S428, A1841
2015-2016: S2779, A1067
2017-2018: S5836, A5006
2019-2020: S1922, A740
2021-2022: S495, A2221
2023-2024: S133, A1221

2013-S3155 - Summary

Relates to the right of tenant association to have the first option to purchase a housing unit.

2013-S3155 - Sponsor Memo

2013-S3155 - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  3155

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 30, 2013
                               ___________

Introduced by Sens. KRUEGER, STAVISKY -- 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 private housing finance law, in relation to right of
  first refusal

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1. The private housing finance law is amended by adding a new
article 2-A to read as follows:
                              ARTICLE II-A
                         RIGHT OF FIRST REFUSAL
SECTION 38.   DEFINITIONS.
        38-A. NOTIFICATION OF IMPENDING CONVERSION.
        38-B. NOTIFICATION OF BONA FIDE OFFER TO PURCHASE.
        38-C. APPRAISAL DETERMINATION.
        38-D. RIGHT OF FIRST REFUSAL.
        38-E. FIRST OPPORTUNITY TO PURCHASE.
        38-F. PRIOR NOTIFICATION.
        38-G. LONG TERM AFFORDABILITY.
        38-H. RIGHT OF TRANSFER.
        38-I. CONVERSION OF PROPERTY.
        38-J. PENALTY.
        38-K. EXCLUSIONS.
        38-L. JUDICIAL REVIEW.
  S 38. DEFINITIONS. FOR THE PURPOSES OF  THIS  ARTICLE,  THE  FOLLOWING
DEFINITIONS SHALL APPLY:
  1.  "AFFORDABLE" SHALL MEAN THAT RENTAL EXPENSES FOR DWELLING UNITS DO
NOT EXCEED THIRTY PERCENT OF THE ANNUAL GROSS HOUSEHOLD  INCOME  OF  THE
EXISTING  TENANTS,  AND/OR  WHERE RENTAL EXPENSES DO NOT EXCEED THE RENT
LEVELS ALLOWABLE PURSUANT TO THE RENT RESTRICTIONS  APPLICABLE  TO  SUCH
DWELLING UNITS PRIOR TO CONVERSION, PROVIDED HOWEVER THAT DWELLING UNITS

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01296-01-3
              

co-Sponsors

2013-S3155A (ACTIVE) - Details

See Assembly Version of this Bill:
A6583
Current Committee:
Senate Housing, Construction And Community Development
Law Section:
Private Housing Finance Law
Laws Affected:
Add Art 2-A ยงยง38 - 38-l, Priv Hous Fin L
Versions Introduced in Other Legislative Sessions:
2009-2010: S3852, A9974, A861
2011-2012: S428, A1841
2015-2016: S2779, A1067
2017-2018: S5836, A5006
2019-2020: S1922, A740
2021-2022: S495, A2221
2023-2024: S133, A1221

2013-S3155A (ACTIVE) - Summary

Relates to the right of tenant association to have the first option to purchase a housing unit.

2013-S3155A (ACTIVE) - Sponsor Memo

2013-S3155A (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 3155--A

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 30, 2013
                               ___________

Introduced by Sens. KRUEGER, HASSELL-THOMPSON, HOYLMAN, STAVISKY -- read
  twice  and  ordered  printed,  and when printed to be committed to the
  Committee on Housing, Construction and Community Development -- recom-
  mitted to the Committee on Housing, Construction and Community  Devel-
  opment  in  accordance  with  Senate  Rule  6,  sec.  8  --  committee
  discharged, bill amended, ordered reprinted as amended and recommitted
  to said committee

AN ACT to amend the private housing finance law, in relation to right of
  first refusal

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1. The private housing finance law is amended by adding a new
article 2-A to read as follows:
                              ARTICLE II-A
                         RIGHT OF FIRST REFUSAL
SECTION 38.   DEFINITIONS.
        38-A. NOTIFICATION OF IMPENDING CONVERSION.
        38-B. NOTIFICATION OF BONA FIDE OFFER TO PURCHASE.
        38-C. APPRAISAL DETERMINATION.
        38-D. RIGHT OF FIRST REFUSAL.
        38-E. FIRST OPPORTUNITY TO PURCHASE.
        38-F. PRIOR NOTIFICATION.
        38-G. LONG TERM AFFORDABILITY.
        38-H. RIGHT OF TRANSFER.
        38-I. CONVERSION OF PROPERTY.
        38-J. PENALTY.
        38-K. EXCLUSIONS.
        38-L. JUDICIAL REVIEW.
  S 38. DEFINITIONS. FOR THE PURPOSES OF  THIS  ARTICLE,  THE  FOLLOWING
DEFINITIONS SHALL APPLY:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01296-03-4

              

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