Credit: Adobe Stock Good Cause Eviction Protections Under the Martin Act
While talk of good cause eviction protections overtook the New York state legislative session last week, few people talk about the fact that nonpurchasing tenants in buildings that convert to cooperative or condominium under a noneviction plan have historically received tenant protections that are tantamount to good cause eviction rights.
June 15, 2023 at 10:51 AM
10 minute read
Question: I represent a client that purchased a block of unsold units in a condominium conversion from 2015 under a noneviction plan. Some of the units are occupied with nonpurchasing tenants, who I am told must continue to be offered renewal leases free of unconscionable rent increases. Is this correct?
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