Bill

Bill > A00121


NY A00121

NY A00121
Authorizes the formation of community shared property co-op boards.


summary

Introduced
01/06/2021
In Committee
01/05/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

AN ACT to amend the administrative code of the city of New York, in relation to authorizing the formation of community shared property co-op boards

AI Summary

This bill authorizes the formation of community shared property co-op boards in New York City. Specifically, it allows the majority of property owners in a community with three or more properties that share a common driveway or access way to establish a new co-op board. The purpose of this community shared property co-op board is to set rules, enter into contracts for the repair or maintenance of the common shared property, and impose fees, including for safety and security, to cover the costs of such repair and maintenance.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

enacting clause stricken (on 04/05/2022)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...