1 million plus nys residents with no representation when victims of illegal and fraudulent acts

Dear shareholders of cooperative housing around the State of New York:

In a few weeks, our state will have elections. Several incumbents and challengers will compete for posts to become members of NYS Assembly and Senate, Governor, Attorney General, Comptroller, etc. All of them are jumping in front of each other to show how they care about constituents they are eager to represent. They are talking about police, schools, senior care, etc. The only issues they carefully avoid are about economy, specifically concerning working people.

As we mentioned before, there are about 370,000 units of cooperative housing just in the City of New York which harbor about 1,000,000 population. We are facing many problems being harassed and robbed by corrupt Board of Directors and greedy Sponsors. We are begging for help and practical actions at all political levels of the State of New York (since cooperative housing solely belongs to responsibility of the State). All of them pretend our problems do not exist and are hiding from us. NYS Legislature has not even discussed (not saying-approved) any even single bill protecting shareholders of cooperative housing – in at least a decade. This 1,000,000 DOES NOT exist for our politicians.

We urge you to pursue the introduction and implementation of the following pieces of legislation to remedy deficiencies in the law and redress the segregation of all coop apartment resident shareholders from rights to due process and recourse.

Please maintain a dialogue with your coop tenant constituents, many of whom are elderly and/or infirmed and cannot reach out to their legislators as much as they would like.

A00034/S03152 Creates the office of the cooperative and condominium ombudsman

A00305 Governs election of board by residents of cooperatives and condominiums

A00360/S00054 Voting rights in cooperative apartments

A00372/S01809 Creates a subpart of the housing part to handle cases involving condominiums and cooperative buildings

A00436 Management of cooperative apartment buildings

A00894 Financial statements for assessments of condos, cooperative buildings andcooperative communities

A00895 Disclosure of information on the fiscal health of a condominium, cooperativebuilding or cooperative community

A05838/S04626 Provides for the appeal of disputes between shareholders and boards of directors of residential cooperative corporations to a hearing officer appointed by the attorney general

-=-=-Cooperative Community Organization · United States
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-=-=-

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