Authorizes mortgagees or lienors of abandoned multiple dwellings to apply for a receiver to bring the building into compliance.

New York A03444 amends the real property actions and proceedings law to allow mortgagees or lienors of abandoned multiple dwellings to apply for the appointment of a receiver. This receiver would be tasked with bringing the building into compliance with applicable laws. The bill specifies that the receiver must comply within ninety days or an agreed-upon longer period. This change applies to proceedings initiated on or after the bill's effective date.

Authorizes mortgagees or lienors of abandoned multiple dwellings to apply for a receiver to bring the building into compliance.

New York A03444 amends the real property actions and proceedings law to allow mortgagees or lienors of abandoned multiple dwellings to apply for the appointment of a receiver. This receiver would be tasked with bringing the building into compliance with applicable laws. The bill specifies that the receiver must comply within ninety days or an agreed-upon longer period. This change applies to proceedings initiated on or after the bill's effective date.