My rent stabilized building converted to co-ops under an eviction plan. How long do I have to find a new apartment?
According to the NYS Attorney General’s office, under an approved evicition conversion plan non-purchasing tenants may not be evicted for a minimum of three years from the date an eviction plan is declared effective. Eligible senior citizen and disabled tenants may not be evicted at any time unless they breach their leases. Rent-stabilized tenants whose leases expire less than three years after the date the plan is declared effective are entitled to renewals, subject to rent increases authorized by the Rent Stabilization Law, extending the lease to the end of the full three-year period. Rent-stabilized tenants whose leases already extend beyond three-year period may not be evicted until their leases expire. Disclaimer: By providing answers to frequently asked questions the staff of the Rent Guidelines Board attempts to clarify the often complex programs and regulations governing landlord tenant relations in NYC. However the information provided herein does not represent official polici
