Requires a Mitchell-Lama cooperative seeking to dissolve to offer cooperators who may not be able to afford the increased carrying charges the opportunity to sell.
Provides that a policy of this state should be to increase housing options and opportunities, including but not limited to affordable, workforce and senior housing.
Provides that a policy of this state should be to increase housing options and opportunities, including but not limited to affordable, workforce and senior housing.
Requires annual inspections of Mitchell-Lama buildings; requires the appointment of housing management representatives to perform such inspections; requires notification of violations to housing companies; requires such housing companies to certify correction of violations.
Requires at least one director on a board of directors of a residential cooperative housing corporation be a primary resident of such residential cooperative housing corporation; prohibits the charging of payments, fees or charges by cooperative housing corporations without thirty days written notice to such cooperative housing corporation's shareholders.
Requires at least one director on a board of directors of a residential cooperative housing corporation be a primary resident of such residential cooperative housing corporation; prohibits the charging of payments, fees or charges by cooperative housing corporations without thirty days written notice to such cooperative housing corporation's shareholders.
Excludes violations in a cooperative housing development containing Mitchell-Lama housing with no fewer than ten thousand units from bus operation-related traffic regulations.
Excludes violations in a cooperative housing development containing Mitchell-Lama housing with no fewer than ten thousand units from bus operation-related traffic regulations.
Requires the board of directors of a residential cooperative housing corporation to notify applicants seeking to purchase shares of the corporation of the reason or reasons the board of directors has refused such request.
Requires the board of directors of a residential cooperative housing corporation to notify applicants seeking to purchase shares of the corporation of the reason or reasons the board of directors has refused such request.