Sales of cooperative apartments.
Introduced
Moved
Reached a final decision
Introduced Feb 28, 2024
Official status: Filed (End of Session)
Derived from the official record below.
Officially: “A Local Law to amend the administrative code of the city of New York, in relation to sales of cooperative apartments” Read the full text
Housing and Buildings
What it does
This bill would require cooperative corporations to provide prospective purchasers with a written statement of each and all of its reasons for withholding consent to a sale within five days after deciding to withhold such consent.
Summary written by City Council staff, from the official record. Plain-language AI rewrite with cited sections coming. Not legal advice.
Where it is
Introduced by Council · Feb 28, 2024
Referred to Comm by Council · Feb 28, 2024
Hearing Held by Committee · Dec 2, 2025
Committee on Housing and Buildings
Amendment Proposed by Comm · Dec 2, 2025
Committee on Housing and Buildings
Laid Over by Committee · Dec 2, 2025
Committee on Housing and Buildings
Filed (End of Session) · Dec 31, 2025
Official documents
Summary of Int. No. 407-A
officialSummary of Int. No. 407
officialInt. No. 407
officialFebruary 28, 2024 - Stated Meeting Agenda
officialHearing Transcript - Stated Meeting 2-28-24
officialMinutes of the Stated Meeting - February 28, 2024
officialProposed Int. No. 407-A - 11/24/25
officialInt. No. 407-A - Fiscal Impact Statement - City Council
officialInt. No. 407-A - Fiscal Impact Statement - OMB
officialCommittee Report 12/2/25
officialHearing Testimony 12/2/25
officialHearing Transcript 12/2/25
officialStraight from the Council record: fiscal impact statements, committee reports, and hearing transcripts as filed.
The numbers
29
sponsors on the bill
Sponsors
Public Advocate Jumaane WilliamsPierina Ana SanchezLincoln RestlerJulie WonShekar KrishnanMercedes NarcisseDiana I. AyalaShaun AbreuNantasha M. WilliamsAlexa AvilésChristopher MarteShahana K. HanifTiffany L. CabánOswald J. FelizAmanda C. FaríasChi A. OsséSandy NurseCrystal HudsonSelvena N. Brooks-PowersJennifer GutiérrezYusef SalaamAlthea V. StevensRita C. JosephCarmen N. De La RosaFarah N. LouisKamillah HanksChris BanksFrancisco P. MoyaJustin L. Brannan
Who is lobbying on this
Center for Independence of the Disabled in New York, Inc.via Center for Independence of the Disabled in New York, Inc. · Public, Community Interest & Not-for-profit Organization
1 filingReal Estate Board of New York, Inc.via Real Estate Board of New York, Inc. · Real Estate, Construction, Engineering & Developer
1 filingCouncil of New York Cooperatives and Condominiumsvia Cozen O'Connor Public Strategies, LLC · Trade Associations
1 filingFrom 3 City Clerk eLobbyist filings naming this bill (2025). Filings are self-reported by lobbying firms and show who is paid to influence this bill. They do not say which side, or whether it worked.
Every fact on this page links to its source, starting with the official bill record. Last action: Filed (End of Session) (Dec 31, 2025).