New York state budget greenlights more condo conversions, new housing vouchers, but no down payment assistance

… convert those properties into condos if  just 15 percent of tenants or qualified buyers agree to buy Rentstabilized … percent of tenants voted in favor of the move before 2019 when the Housing Stability and Tenant Protection Act raised … the condo building both have to be managed by the same property management company and all residents need to have …

By Celia Young |May 22, 2025 - 10:30AM