[Adopted 9-12-1983 by resolution]
Any nonpurchasing tenant who is either an eligible senior citizen or
an eligible disabled person as defined by Chapter 771 of the Laws of 1983 who is an occupant of a building or structure for which conversion
is sought from residential rental status to cooperative or condominium ownership
shall not, either prior to or subsequent to said conversion, be subject to
removal from a unit occupied by such tenant prior to said conversion unless
a proceeding is commenced against said tenant for either nonpayment of rent,
illegal use or occupancy of the premises or refusal of reasonable access to
the owner.
No rental increase may be imposed upon said nonpurchasing tenant who
is either an eligible senior citizen or an eligible displaced person which
is considered unreasonable or unconscionable by the Attorney General of the
State of New York.
A certified copy of this Article shall be immediately filed by the Village
Clerk with the Attorney General of the State of New York.