e. The provisions of this article shall not apply to a covered dwelling unit in a covered multiple dwelling where (i) title to such multiple dwelling is held by a cooperative housing corporation or such dwelling unit is owned as a condominium unit, and (ii) such dwelling unit is occupied by the shareholder of record on the proprietary lease for such dwelling unit or the owner of record of such condominium unit, as is applicable, or the shareholder’s or record owner’s family.
(L.L. 2025/151, 11/8/2025, eff. 5/7/2026)