Bill > A07533

This bill expands protections for senior citizens and disabled persons during condominium and cooperative housing conversions by modifying existing law. The key changes include broadening the definition of "eligible senior citizens" and "eligible disabled persons" to include not just the primary tenants and their spouses, but also any household member who is 62 years or older or has a substantial disability, provided they have lived in the housing accommodation for at least one year. The bill updates the language around disability from preventing "substantial gainful employment" to "substantially limit one or more major life activities," which is a more inclusive definition. These changes ensure that non-purchasing residents who are seniors or have disabilities cannot be easily evicted when a building undergoes a conversion to a condominium or cooperative, even if they are not the official tenants of record. Tenants must still elect their non-purchasing status within 60 days of the conversion plan's filing, and the modifications do not prevent them from potentially purchasing their unit later. The bill aims to provide additional housing stability and protection for vulnerable populations during property transitions.

Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2025/A7533