Residents and Queens Lawmakers to Rally for State Law Bill to Protect 25K+ New Yorkers From Displacement

Queens residents and lawmakers will urge Albany to pass S2433A/A2619 and grant ground lease co-ops standard protections before end of legislative session

QUEENS, NY (05/30/2025) (readMedia)-- On Tuesday, dozens of Queens residents and local lawmakers will rally for the Albany Legislature to pass standard tenant protections for more than 25,000 New Yorkers living in ground lease co-ops. Advanced in the Senate and Assembly Housing Committees, Senator Liz Krueger and Assemblymember Linda Rosenthal sponsor 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. 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 buildings are at risk of losing their homes and equity.

Watch the livestream here.

WHO:

Members of the Ground Lease Co-op Coalition

Presidents Co-op & Condo Council leadership

Mainstay Co-op

Murray Hill Cooperative

Hilltop Village 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 Mainstay Co-op, located in Flushing, Queens.
WHEN: Tuesday June 03, 2025 at 12:00PM Eastern Time (US & Canada)
WHERE: 144-60 Gravett Rd
Kew Gardens Hills
Queens, New York 11367
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