Bill > A07803

This bill addresses potential discrimination in cooperative housing (co-op) board decisions by requiring co-op corporations to provide a written explanation when they withhold consent for a property sale. The legislation stems from concerns that co-op boards sometimes reject well-qualified buyers potentially due to discriminatory reasons. Specifically, the bill amends the civil rights law to mandate that when a cooperative housing corporation decides to block a sale, they must provide the prospective purchaser with a detailed written statement of their reasons within 30 days of the decision. The bill reinforces existing protections against discrimination based on race, creed, national origin, or sex, and declares that any agreement or covenant that conflicts with these requirements is void and unenforceable. The law applies to all sales or proposed sales by the corporation, its successors, or other lawfully entitled parties, and includes cooperative management, tenants, shareholders, and their appointees or successors in the definition of "corporation." By requiring transparency in the sales process, the bill aims to reduce potential unfair housing practices and provide more accountability in cooperative housing ownership transactions.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/A7803