QUEENS, NY (03/02/2026) (readMedia)-- On Tuesday, March 3rd, dozens of Queens residents and local lawmakers will rally for the Albany Legislature to pass standard housing protections for more than 25,000 New Yorkers living in ground lease co-ops. This year, Senator Liz Krueger and Assemblymember Linda Rosenthal are sponsoring legislation to close a key legal loophole that leaves ground lease co-ops vulnerable against predatory landowner practices.
New York houses nearly 12,000 ground lease co-op apartments across the state, with more than a third of these units located in Queens. As part of a unique housing arrangement with half a century of history, residents in these buildings own their homes but rent the land beneath their co-ops from landowners. With decades-old ground leases beginning to expire, entire co-ops are at risk of losing their homes and equity, while families face added financial pressure under Local Laws 11 and 97.
| WHO: | Senator Toby Stavisky Assemblymember Michaelle Solages Members of the Ground Lease Co-op Coalition Hilltop Village Cooperative Mainstay Co-op Murray Hill Cooperative [LIST IN FORMATION] |
| WHAT: | A Queens press conference will call on the State Legislature to pass the newly-amended Ground Lease Co-op Bill, which would grant standard tenant protections for 25,000 New Yorkers living in ground lease co-ops and keep residents housed in the event of deconversion. Local lawmakers will join members of the Ground Lease Co-op Coalition at Hilltop Village Cooperative, located in Hollis, Queens. |
| WHEN: | Tuesday March 03, 2026 at 10:30AM Eastern Time (US & Canada) |
| WHERE: | Hilltop Village Cooperative (outside the Hampshire building) 87-10 204th Street Hollis, New York 11423 |
| NOTES: |
|