Coopersmith and Coopersmith

New York Co-Ops Get Their “Teeth” Back: S-5105(C) Creates HSTPA Carveout for Co-Op’s

In June 2019, New York State passed a sweeping reform of landlord/tenant laws called the Housing Stability and Tenant Protection Act (“HSTPA”).  The blanket reforms of the HSTPA, whether intentional or not, included New York Cooperative apartments since Co-Op apartments create a landlord/tenant relationship by virtue of the proprietary lease between the Cooperative Corporation (landlord) […]