Coopersmith and Coopersmith

Proposed Legislation to Reshape New York City Co-Op Purchase Process

On Thursday, February 2, 2023, Public Advocate Jumaane Williams and Bronx Councilwoman Pierina Sanchez introduced three new bills which would require New York City Co-Op boards to provide a rationale for denying a purchaser’s application, to make financial disclosures to prospective purchasers, and to provide standardized applications. These bills are the first to be introduced […]