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S01354Introduced in the Senate

Relates to the conversion to condominium ownership for the preservation of expiring affordable housing in the city of New York; provides expanded homeownership opportunities from the conversion of certain residential rental buildings to condominium status by property owners that commit to preserve the inventory of expiring affordable housing in the city of New York.

IntroducedSenate Housing, Construction, and Community Development

Introduced by Cordell Cleare, District 30

What does this bill do?

Plain-English breakdown

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Official description

Relates to the conversion to condominium ownership for the preservation of expiring affordable housing in the city of New York; provides expanded homeownership opportunities from the conversion of certain residential rental buildings to condominium status by property owners that commit to preserve the inventory of expiring affordable housing in the city of New York.

Where it stands

REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

January 7, 2026

How did lawmakers vote?

SenateStage: Senate Housing, Construction And Community Development Committee Vote · March 10, 2025

10

Yes

1

No

0

Absent or Not Voting

11 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

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Bill history

  1. REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

  2. REPORTED AND COMMITTED TO FINANCE

  3. REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

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