(i) the Attorney
General has accepted for filing a plan to convert the building, group of
buildings or development to cooperative or condominium ownership and an
amendment declaring the plan effective as an Eviction Plan has been accepted
for filing and a closingh as been held thereunder; and
(ii) three years have elapsed from the date
on which the Attorney General has accepted for filing an amendment declaring
the plan effective as an Eviction Plan, and at such time or there after the
tenant's lease has expired or has been cancelled pursuant to paragraph (2) of
this subdivision.
(2) A
tenant in occupancy of a housing accommodation subject to this Code shall have
the right to a renewal lease or in the case of a permanent tenant, to continue
his or her tenancy on the terms and conditions and at the rent and adjustments
thereto as otherwise provided for in this Code.
(3) For the purposes of this section, filing
date shall mean the date on which a letter was issued by the Attorney General
accepting a plan for filing.
(4)
After the filing date, and prior to the plan being declared effective, if a
housing accommodation subject to this Code is vacated, such housing
accommodation may only be rented at a rent and upon such terms and conditions
as are authorized under this Code for a vacancy lease. Notwith standing the
foregoing, if a vacancy lease herein called an interim lease for such housing
accommodation is executed in connection with an agreement to purchase such
housing accommodation or the shares allocated thereto, pursuant to any Eviction
Plan or Non-Eviction Plan, as defined by section 352-eeee, such interim lease: