NYC Council Introduction 1120

intro.nyc/1120-2024 2024-2025 Legislative Session Vetoed
Establishing timelines for cooperative corporations to approve or deny the sale of cooperative apartments.
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Introduced: November 21, 2024

This bill would set timelines for decisions regarding the sale of co-op apartments. It would generally require the co-op to acknowledge receipt of application materials within 15 days, and provide notice of whether it has consented to the sale within 45 days after the application is complete, with extensions possible in some circumstances. This bill would require the Department of Housing Preservation and Development to issue violations for a co-op’s failure to meet these requirements, resulting in civil penalties of $1,000 for a first violation, $1,500 for a second violation, and $2,000 for third and subsequent violations.

Approved by Committee December 18, 2025

Committee on Housing and Buildings Votes 7:0:0
Pierina Ana Sanchez (Affirmative)
Shaun Abreu (Affirmative)
Alexa Avilés (Affirmative)
Eric Dinowitz (Affirmative)
Oswald J. Feliz (Affirmative)
Crystal Hudson (Affirmative)
Lincoln Restler (Affirmative)

Approved by Council December 18, 2025

Votes 46:0:2
Adrienne E. Adams (Affirmative)
Diana I. Ayala (Affirmative)
Shaun Abreu (Affirmative)
Joann Ariola (Affirmative)
Alexa Avilés (Affirmative)
Chris Banks (Affirmative)
Erik D. Bottcher (Affirmative)
Justin L. Brannan (Affirmative)
Gale A. Brewer (Affirmative)
Selvena N. Brooks-Powers (Affirmative)
Tiffany L. Cabán (Affirmative)
David M. Carr (Absent)
Carmen N. De La Rosa (Affirmative)
Eric Dinowitz (Affirmative)
Harvey D. Epstein (Affirmative)
Amanda C. Farías (Affirmative)
Simcha Felder (Affirmative)
Oswald J. Feliz (Affirmative)
James F. Gennaro (Affirmative)
Jennifer Gutiérrez (Affirmative)
Shahana K. Hanif (Affirmative)
Kamillah Hanks (Absent)
Robert F. Holden (Affirmative)
Crystal Hudson (Affirmative)
Rita C. Joseph (Affirmative)
Shekar Krishnan (Negative)
Linda Lee (Affirmative)
Farah N. Louis (Affirmative)
Kristy Marmorato (Affirmative)
Christopher Marte (Affirmative)
Darlene Mealy (Negative)
Julie Menin (Affirmative)
Frank Morano (Affirmative)
Francisco P. Moya (Affirmative)
Mercedes Narcisse (Affirmative)
Sandy Nurse (Affirmative)
Chi A. Ossé (Affirmative)
Vickie Paladino (Affirmative)
Keith Powers (Affirmative)
Lincoln Restler (Affirmative)
Kevin C. Riley (Affirmative)
Yusef Salaam (Affirmative)
Rafael Salamanca, Jr. (Affirmative)
Pierina Ana Sanchez (Affirmative)
Lynn C. Schulman (Affirmative)
Althea V. Stevens (Affirmative)
Sandra Ung (Affirmative)
Inna Vernikov (Affirmative)
Nantasha M. Williams (Affirmative)
Julie Won (Affirmative)
Susan Zhuang (Absent)

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