Increases transparency in cooperative housing corporations by giving shareholders more rights to information of the co-op and limiting the powers of management companies and boards.
Same As
Increases transparency in cooperative housing corporations by giving shareholders more rights to information of the co-op and limiting the powers of management companies and boards.
Increases transparency in cooperative housing corporations by giving shareholders more rights to information of the co-op and limiting the powers of management companies and boards.
Requires at least one director on a board of directors of a residential cooperative housing corporation be a primary resident of such residential cooperative housing corporation; prohibits the charging of payments, fees or charges by cooperative housing corporations without thirty days written notice to such cooperative housing corporation's shareholders.
Requires at least one director on a board of directors of a residential cooperative housing corporation be a primary resident of such residential cooperative housing corporation; prohibits the charging of payments, fees or charges by cooperative housing corporations without thirty days written notice to such cooperative housing corporation's shareholders.
Includes certain cooperative or limited-profit housing companies for purposes of conversions to cooperative or condominium ownership in the city of New York.
Permits cooperative housing corporations to directly obtain a shareholder's death certificate upon providing appropriate documentation of their creditor status.
Requires NYCHA to provide information and trainings to all residents regarding the formation of resident management corporations, the requirements of such resident management corporations and the potential benefits of creating such resident management corporations.
Requires NYCHA to provide information and trainings to all residents regarding the formation of resident management corporations, the requirements of such resident management corporations and the potential benefits of creating such resident management corporations.