A condominium is a single real estate unit in a multi-unit development in which a person has both separate ownership of a unit and an undivided interest in the common elements of the building.
- Before You Buy A Co-op Or Condo | PDF
- Cooperative & Condominium Conversion Handbook
- How to Handle Problems With A Condominium Board of Managers
A sponsor who submits an offering plan to convert a rental building to a condominium or into cooperative ownership is required to simultaneously provide a copy of this "red herring" or initial draft of the plan to all tenants of record.
If you think a plan may have been submitted to convert your building or you wish to comment on a plan that has been submitted, call Public Information (212/416-8123) to find out the file no. and date of submission. You may address any comments regarding the offering plan to the assigned review attorney in writing.
If you are a rent stabilized tenant in a building that is either going through a conversion or is a condo or coop and you have issues regarding your landlord or the conditions in your apartment contact DHCR
If you are a rent controlled tenant in a building that is either going through a conversion or is a condo or coop and you have issues regarding your landlord or the conditions in your apartment contact DHCR.
If you are a market tenant in a building that going through a conversion to a condo or coop with a lease that has or is about to expire and you have questions, you may wish to engage a private attorney. You may contact (the Bar Assn website?) for a list of private attorneys. If you reside a tenant after the conversion you would also need to engage a private attorney.