Int 1120-2024
Establishing timelines for cooperative corporations to approve or deny the sale of cooperative apartments.
This bill would set timelines for decisions regarding the sale of co-op apartments. It would generally require the co-op to acknowledge receipt of application materials within 15 days, and provide notice of whether it has consented to the sale within 45 days after the application is complete, with extensions possible in some circumstances. This bill would require the Department of Housing Preservation and Development to issue violations for a co-op’s failure to meet these requirements, resulting in civil penalties of $1,000 for a first violation, $1,500 for a second violation, and $2,000 for third and subsequent violations.
DCo-Sponsors (14)
Bill History (15)
Attachments (25)
Int. No. 1120
8/4/2025
Summary of Int. No. 1120
10/20/2025
November 21, 2024 - Stated Meeting Agenda
6/23/2025
Hearing Transcript - Stated Meeting 11-21-24
12/2/2024
Proposed Int. No. 1120-A - 8/29/25
12/2/2025
Summary of Int. No. 1120-A
12/12/2025
Minutes of the Stated Meeting - November 21, 2024
10/22/2025
Int. No. 1120-A - Fiscal Impact Statement - City Council
12/2/2025
Int. No. 1120-A - Fiscal Impact Statement - OMB
12/2/2025
Committee Report 12/2/25
12/2/2025
Proposed Int. No. 1120-B - 12/12/25
12/12/2025
Summary of Int. No. 1120-B
12/15/2025
Int. No. 1120-B - Fiscal Impact Statement - City Council
12/18/2025
Int. No. 1120-B - Fiscal Impact Statement - OMB
12/18/2025
Committee Report 12/18/25
12/18/2025
December 18, 2025 - Stated Meeting Agenda
12/18/2025
Committee Report - Stated Meeting
12/19/2025
Hearing Testimony 12/2/25
12/23/2025
Int. No. 1120-B (FINAL)
12/23/2025
Hearing Transcript 12/2/25
1/2/2026
Hearing Transcript 12/18/25
1/5/2026
Mayor's Veto Message
1/5/2026
Hearing Transcript - Stated Meeting 12-18-25
1/12/2026
Fiscal Impact Statement - City Council 1/29/26
1/28/2026
Fiscal Impact Statement - City Council 1/29/26
1/28/2026