He added that to take advantage of that protection, however, tenants in New York City and some upstate municipalities must submit to the sponsor a special "senior citizen election form" within 60 days after the plan has been accepted for filing.
If you e-file, you'll receive an e-mail acknowledging that your return has been accepted for filing.
For 90 days after the plan has been accepted for filing, the rental tenants — both rent-regulated and free-market — have the exclusive right to buy their apartments.
(d) An applicant's request for the return of an application that has been accepted for filing will be regarded as a request for dismissal.
After the application, petition, notice, tariff, contract, or other document has been accepted for filing by the Board, the filing fee will not be refunded, regardless of whether the application, petition, notice, tariff, contract, or other document is granted or approved, denied, rejected before docketing, dismissed, or withdrawn.
And while tenants generally do not have a right to buy their apartments at a reduced price, Mr. Ferrara said, tenants in New York City have the exclusive right to buy their apartments for 90 days after the plan has been accepted for filing by the state attorney general.
