It gives tenants the right to information on prior bed bug infestations in the property, going back a year. (Note: though passed by the New York State Assembly and Senate, it only applies to New York City housing.)
However, though most of us have been assuming it only applies to rental tenants, Habitat Magazine suggests in a new article that it may also apply to coop residents. Habitat Magazine’s Frank Lovece asks,
What does it mean for co-op boards and condo associations? For the latter, nothing. For the former? That’s hard to tell. Most rental-law provisions affect resident cooperatives since co-ops operate under a proprietary lease and so shareholders are technically tenants. A legislative source familiar with the bill, speaking on condition of anonymity, had no definitive answer — at first suspecting that the phrase “vacancy lease” meant it applies only to traditional rental apartments, but then saying after investigating , “I’m now getting conflicting info on the co-op answer.”
We hope to hear a more definitive answer on that soon.