New Tenant Protection Law Forgot About Co-op Owners

In June 2019 the Governor Cuomo signed the Housing Stability and Tenant Protection Law.  Its stated purpose is to address certain abuses in the rental market, but we believe that the law will potentially, perhaps unintentionally, harm many tenant shareholders.  The new and increased costs, and new prohibitions suggested by the new legislation may ultimately make their apartments unaffordable.  Read more here.