Relates to the recovery of attorneys fees in the event of certain default judgments where a tenant is a dwelling unit owner or shareholder of a cooperative housing corporation

Summary

The bill amends New York’s Real Property Law so that, if a tenant also owns a co‑op unit or is a shareholder, either party can be awarded attorney’s fees after a default judgment—but only if the lease or occupancy agreement already provides for such fees. It excludes certain co‑ops covered by specific articles of the Private Housing Finance Law. The change takes effect immediately.

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