QUEENS, NY (03/03/2026) (readMedia)-- Today, 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 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 Cooperative Co-op, 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 |
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