New York S 7745: Creates the cooperative and condominium ombudsperson program and authorizes the residential unit fee

Bill Text

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S07745 Summary:

BILL NOS07745 

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SAME ASSAME AS A10286

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SPONSORMAYER

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COSPNSR

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MLTSPNSR

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Amd §14, Pub Hous L; add Art 11 §§360 - 360-i, RP L; add §186-h, Tax L; add §81-a, St Fin L

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Creates the cooperative and condominium ombudsperson program; authorizes the residential unit tax; establishes the cooperative and condominium ombudsperson program fund.

Go to top S07745 Actions:

BILL NOS07745 

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05/02/2025REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

01/07/2026REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

Go to topS07745 Committee&nbspVotes:

Go to topS07745 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS07745 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 7745

 2025-2026 Regular Sessions

 IN SENATE

 May 2, 2025
 ___________

 Introduced by Sen. MAYER -- read twice and ordered printed, and when
 printed to be committed to the Committee on Housing, Construction and
 Community Development

 AN ACT to amend the public housing law and the real property law, in
 relation to creating the cooperative and condominium ombudsperson
 program; to amend the tax law, in relation to authorizing the residen-
 tial unit fee; and to amend the state finance law, in relation to
 establishing the cooperative and condominium ombudsperson program fund

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Subdivision 1 of section 14 of the public housing law is
 2 amended by adding a new paragraph (y) to read as follows:
 3 (y) administer the cooperative and condominium ombudsperson program
 4 pursuant to article eleven of the real property law.
 5 § 2. The real property law is amended by adding a new article 11 to
 6 read as follows:
 7 ARTICLE 11
 8 COOPERATIVE AND CONDOMINIUM OMBUDSPERSON PROGRAM
 9 Section 360. Short title.
 10 360-a. Legislative declaration.
 11 360-b. Definitions.
 12 360-c. Cooperative and condominium ombudsperson program.
 13 360-d. Services under the program.
 14 360-e. Registration of cooperatives and condominiums with the
 15 ombudsperson program.
 16 360-f. Assistance of other state agencies.
 17 360-g. Reports to the governor and the legislature.
 18 360-h. Contract authority.
 19 360-i. Separability.
 20 § 360. Short title. This article shall be known and may be cited as
 21 the "cooperative and condominium ombudsperson act".

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD11727-03-5

 S. 7745 2

 1 § 360-a. Legislative declaration. The legislature finds and determines
 2 as follows:
 3 Cooperative and condominium housing constitutes a significant portion
 4 of New York state's residential housing stock. It is and has been the
 5 public policy of this state to encourage such forms of home ownership. A
 6 wide variety of laws have been enacted to provide fairness in the
 7 conversion of rental properties to cooperative and condominium ownership
 8 and in the regulation and taxation of cooperatives and condominiums.
 9 State and local laws and regulations are also designed to ensure that
 10 the residents of such housing are provided with safe and habitable
 11 accommodations.
 12 Unfortunately, disputes have not infrequently arisen among cooperative
 13 and condominium sponsors and developers, cooperative shareholders and
 14 condominium unit owners, prospective shareholders and unit owners,
 15 boards of directors and boards of managers. Such disputes may result in
 16 lengthy and costly litigation and uncertainty as to the rights of the
 17 parties pending the outcome of litigation. Such litigation diverts
 18 resources that could be better utilized to provide affordable and well-
 19 maintained buildings and grounds for the common good of the owners.
 20 This article is necessary to provide a neutral, informative and acces-
 21 sible resource available to all parties involved in residential cooper-
 22 ative and condominium ownership and governance. The ombudsperson program
 23 created pursuant to this article will conduct outreach programs to
 24 educate unit owners and board members as to their legal rights and
 25 responsibilities.