Allows temporary occupancy of class A multiple dwellings for compensation under specific conditions.

This bill amends the multiple dwelling law to allow temporary occupancy, for compensation, of class A multiple dwellings that are cooperative or condominium units under certain conditions. It permits occupancy for fewer than thirty consecutive days by other natural persons when the permanent occupant is temporarily absent for personal reasons, such as vacation or medical treatment. The bill also specifies that the total compensated occupancy cannot exceed ninety days in any one calendar year and requires compliance with applicable state and local taxes and fees.

Allows temporary occupancy of class A multiple dwellings for compensation under specific conditions.

This bill amends the multiple dwelling law to allow temporary occupancy, for compensation, of class A multiple dwellings that are cooperative or condominium units under certain conditions. It permits occupancy for fewer than thirty consecutive days by other natural persons when the permanent occupant is temporarily absent for personal reasons, such as vacation or medical treatment. The bill also specifies that the total compensated occupancy cannot exceed ninety days in any one calendar year and requires compliance with applicable state and local taxes and fees.