Prohibits disclosure, under the freedom of information law, of information provided by mortgagees to the department of housing preservation and development of the city of New York relating to residential real property foreclosures.
Relates to the disclosure of information on the fiscal health of a condominium, cooperative apartment building or cooperative community to prospective buyers, current owners and the condominium board or the cooperative board.
Requires landlords to furnish each tenant either renewing or entering into a lease with a rider describing the rights and duties of landlords and tenants; requires the rider to conform to the intent of section 5-702 of the general obligations law.
Creates a task force on affordable housing lotteries to review the affordable housing lotteries within New York state and determine the lotteries' effectiveness and recommend how the lotteries could be improved.
Prohibits the imposition of any surcharge for the installation or use of a tenant-installed appliance where the tenant pays for electric utility service.
Requires owners of housing accommodations subject to rent registration to file an additional statement at three month intervals, until the unit is occupied.
Prohibits landlords from restricting the installation of appliances or fixtures by tenants; provides that the landlord is not compelled to change utilities for such installation; prohibits surcharge where tenant pays utilities directly to provider.
Requires that any limited liability company who files a rent registration statement shall include a list of all members of such limited liability company and each member's ownership interest.
Requires manufactured home park owners to provide a written justification for rent increases in excess of three percent of the current rent; provides that increases in costs to justify such rent increase for ordinary maintenance or repair to meet the warranty of habitability obligations must be shown to be necessary.
Relates to requiring affordable housing projects to calculate and only use the area median income for the specific zip code that the project is located in for determining affordability.
Relates to creating a new acquisition fund for community land trusts located in New York state; provides that moneys of the fund shall be expended solely to carry out the affordable home ownership development program exclusively for community land trusts; defines community land trusts.
Relates to prohibiting members of certain boards of directors who have been removed from serving on a board for a period of fifteen years; provides that for any housing entity with a board of directors overseen by the department of housing preservation and development, if a member of the board is removed by the department or by court order, such member shall be banned from serving on a board overseen by the department for a period of 15 years.