New York legislation · 2025-2026 General Assembly
New York S10727: Prohibits retaliation by cooperative housing programs against shareholders
Status: In committee, October 28, 2026
Prohibits cooperative housing programs from engaging in adverse actions and retaliation against shareholders.
What the bill says
An act to amend the real property law, in relation to prohibiting retaliation by cooperative housing programs against shareholders.
From the introduced text, October 28, 2026:
AN ACT to amend the real property law, in relation to prohibiting retaliation by cooperative housing programs against shareholders THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS: Section 1. The real property law is amended by adding a new section 235-k to read as follows: § 235-K. RETALIATION BY COOPERATIVE HOUSING CORPORATIONS PROHIBITED. 1. FOR THE PURPOSES OF THIS SECTION, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: (A) "COOPERATIVE HOUSING CORPORATION" SHALL MEAN THE BOARD OR MANAGING AGENT OF ANY CORPORATION, ENTITY, OR ORGANIZATION FORMED PURSUANT TO ARTICLE FOUR OF THE BUSINESS CORPORATION LAW OR ARTICLE ELEVEN OF THE PRIVATE HOUSING FINANCE LAW THAT OPERATES RESIDENTIAL HOUSING ON A COOPERATIVE BASIS THROUGH PROPRIETARY LEASES, OCCUPANCY AGREEMENTS, OR SIMILAR ARRANGEMENTS. (B) "SHAREHOLDER" SHALL MEAN ANY OWNER OF SHARES ALLOCATED TO A RESIDENTIAL UNIT WITHIN A COOPERATIVE HOUSING CORPORATION AND ANY LAWFUL OCCUPANT RESIDING PURSUANT TO SUCH SHAREHOLDER'S PROPRIETARY LEASE OR OCCUPANCY AGREEMENT. (C) "ADVERSE ACTION" SHALL INCLUDE, BUT NOT BE LIMITED (II) TERMINATION OR ATTEMPTED TERMINATION OF A PROPRIETARY LEASE; (III) COMMENCEMENT OF PROCEEDINGS ALLEGING OBJECTIONABLE CONDUCT; (IV) SELECTIVE ENFORCEMENT OF HOUSE RULES, BYLAWS, OR PROPRIETARY LEASE PROVISIONS; (V) IMPOSITION OF FINES, FEES, ASSESSMENTS, OR PENALTIES NOT IMPOSED IN A SUBSTANTIALLY SIMILAR MANNER UPON OTHER SHAREHOLDERS; (VI) DENIAL OF APPROVALS, PERMISSIONS, …
Sponsors
- Robert Jackson (D, 31) · primary sponsor
Latest actions
- : REFERRED TO RULES
Subjects: Real Property Law
Common questions
- What is S10727?
- S10727 is a bill in the New York Legislature (2025-2026 General Assembly): Prohibits retaliation by cooperative housing programs against shareholders.
- What does S10727 do?
- In its own words: An act to amend the real property law, in relation to prohibiting retaliation by cooperative housing programs against shareholders.
- What is the status of S10727?
- In committee as of October 28, 2026. Latest action: REFERRED TO RULES (October 28, 2026).
- Who sponsored S10727?
- Robert Jackson (D, 31).
- Where is the official record for S10727?
- On the New York Legislature website: https://www.nysenate.gov/legislation/bills/2025/S10727
Source: official New York record. Tracked by Delilah, AI for legislation across all 50 states and Congress.