City Council Overrides Mayor Adams Veto on Three Key Bills Affecting Co-ops and Condos

The City Council voted to override former Mayor Adams’ veto of three bills that directly affect New York City Cooperatives and Condominiums: Int 1120-B, Int 994, and Int 1391-A.

Int 1120-B: Co-op Admissions Timing

Int 1120-B sets firm timelines for how Co-op Boards must handle purchase applications:

• Co-op Boards must notify applicants within 15 days whether the submitted package is complete based on the Co-op’s standard application.
• Once all required documents are received, the board has 45 days to issue a decision, which can be an approval, an approval with conditions, or a denial.
• The law allows additional time during the summer if the Co-op board does not meet regularly during July and August.
• A Co-op that violates the law will be subject to a civil penalty of $1,000 for a first violation, $1,500 for a second violation, and $2,000 for a third or subsequent violation

Also of note: Int 1120-B requires every Co-op to maintain a standardized application; Boards may still request supplemental materials at any point to clarify or confirm information in the original purchase application; and prospective purchasers may request deadline extensions when needed.

Condominiums are exempt from the application of this new law.

This new law takes effect on or about July 28, 2026.

Int 994: Installing Cooling Systems Upon Tenant Request

Int 994 introduces new cooling requirements for tenant‑occupied apartments in New York City.

• These obligations apply only to apartments that are rented, leased, or sublet. Owner‑occupied co-op and condo apartments are not subject to the requirement, and only the shareholder or unit owner of a sublet or rented unit is responsible.

The requirement to provide a requested cooling unit will go into effect on June 1, 2030. Notification requirements go into effect on March 30, 2028.

Int 1391-A: Security Guard Compensation Standards

Int 1391-A requires buildings that employ security guards to begin providing prevailing wages in January 2027, paid time off in January 2028, and supplemental benefits in January 2029.  Collective bargaining agreements in place before October 2025 will follow the timeline of their respective expiration dates. The City will publish wage and benefit minimums by September 1, 2026.

Co-ops and Condos are advised to carefully evaluate their contracts with security guard employers to confirm adherence to the new requirements, since noncompliance may expose the employer to substantial civil penalties and legal action.

Contact Us

Reach out to your BBG attorney of record or contact us here to discuss how these new requirements may apply to your building and to ensure you are positioned for compliance.

Written by: Lloyd F. Reisman, Partner, Co-op and Condo Law Practice.