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What is NYC AC § 26-810?

Quick Answer

This section establishes that upon conversion of property, an owner or bona fide purchaser must allow current tenants to remain in their units for at least six months or until their lease expires, under the same terms. This applies to property owners undergoing conversion processes.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 26-810 Conversion of property.

AC § 26-810

Notwithstanding the provisions of section 26-805 and section 26-806 of this chapter, when a conversion occurs, an owner or bona fide purchaser shall allow the current tenant or tenants to remain in their respective dwelling units for the longer of six months from the effective date of the conversion or until the tenant's lease expires, and at the same terms and conditions as before such conversion. Such owner or purchaser may, with the agreement of the tenant or tenants, relocate such tenant or tenants to comparable units with comparable rents in accordance with procedures to be established by the rules of the department. Editor's note: For related unconsolidated provisions, see Appendix A at L.L. 2005/079.

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