X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Erica F. Buckley Erica F. Buckley

Question: I understand the Martin Act was amended, and now you need 51 percent to declare an offering plan effective in a rental-to-cooperative or -condominium conversion. Can you explain how to reach the 51 percent? Also, doesn’t this effectively end conversions?

Want to continue reading?
Become a Free ALM Digital Reader.

Benefits of a Digital Membership:

  • Free access to 3 articles* every 30 days
  • Access to the entire ALM network of websites
  • Unlimited access to the ALM suite of newsletters
  • Build custom alerts on any search topic of your choosing
  • Search by a wide range of topics

*May exclude premium content
Already have an account?

Law Firms Mentioned

 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.