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Senate Bill S7977

2025-2026 Legislative Session

Extends protections to tenants of cooperative housing entities

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Sponsored By

Current Bill Status - In Senate Committee Housing, Construction And Community Development Committee

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2025-S7977 (ACTIVE) - Details

Current Committee:
Senate Housing, Construction And Community Development
Law Section:
Real Property Law
Laws Affected:
Add §220-a, RP L

2025-S7977 (ACTIVE) - Summary

Extends protections to tenants of cooperative housing entities by expanding the definition of landlord to include cooperative entities; defines cooperative entities.

2025-S7977 (ACTIVE) - Sponsor Memo

2025-S7977 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7977
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                               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:
 
   Section  1.  The  real property law is amended by adding a new section
 220-a to read as follows:
   § 220-A. DEFINITIONS. FOR THE PURPOSES OF THIS ARTICLE, ON  AND  AFTER
 THE EFFECTIVE DATE OF THIS SECTION:
   1.  THE TERM "LANDLORD" SHALL BE EXPANDED TO INCLUDE COOPERATIVE ENTI-
 TIES.
   2. THE TERM "TENANT" SHALL BE EXPANDED  TO  INCLUDE  ANY  SHAREHOLDER,
 TENANT OR SUBTENANT OF A COOPERATIVE ENTITY.
   3.  THE TERM "COOPERATIVE ENTITY" SHALL MEAN A CORPORATION, ENTITY, OR
 ORGANIZATION THAT IS OPERATING FOR THE PURPOSE OF OR IS PROVIDING  HOUS-
 ING  OR RESIDENCES FOR ITS SHAREHOLDERS BY LEASING OR SUBLEASING TO SUCH
 SHAREHOLDERS, UNDER  PROPRIETARY  LEASES  OR  OCCUPANCY  AGREEMENTS,  OR
 SUBLEASES OF SUCH LEASES OR OCCUPANCY AGREEMENTS, OF APARTMENTS OR RESI-
 DENCES  IN  BUILDINGS  OR PREMISES OWNED BY SUCH CORPORATION, ENTITY, OR
 ORGANIZATION.
   § 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

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Robert_Schulman_1
5 months ago

Why would we want a bill that would encourage co-op boards to restrict rentals. If this were to pass it would mean a person could rent there primary residence and then be unable to move back in with certainty. We would not restrict a homeowner and have them lose their home indefinitely. This bill would reduce the availability of rental units. What is the rationale for introducing this bill?

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