Bill Text: NY A00121 | 2021-2022 | General Assembly | Introduced

---

Bill Title: Authorizes the formation of community shared property co-op boards.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2022-04-05 - enacting clause stricken [A00121 Detail]

Download: New_York-2021-A00121-Introduced.html

---

                STATE OF NEW YORK
        ________________________________________________________________________

                                           121

                               2021-2022 Regular Sessions

                   IN ASSEMBLY

                                       (Prefiled)

                                     January 6, 2021
                                       ___________

        Introduced  by M. of A. PERRY -- read once and referred to the Committee
          on Housing

        AN ACT to amend the administrative code of the  city  of  New  York,  in
          relation  to  authorizing  the  formation of community shared property
          co-op boards

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section 1. The administrative code of the city  of New York is amended
     2  by adding a new section 26-709 to read as follows:
     3    §  26-709  Community shared property co-op boards. Notwithstanding any
     4  provision of law to the contrary, the majority of property owners  in  a
     5  community that has three or more properties that share a common driveway
     6  or  access  way,  shall have the option to form a new co-op board, to be
     7  known as a community shared property co-op board, for the  sole  purpose
     8  of establishing rules, entering into contracts for the repair or mainte-
     9  nance  of  such  common  shared property and imposing fees, inclusive of
    10  safety and security costs, for the repair  and/or  maintenance  of  such
    11  common shared property.
    12    § 2. This act shall take effect on the one hundred twentieth day after
    13  it shall have become a law.




         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04267-01-1