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Title:
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Draft Ordinance amending the Planning Code by creating a definition for ownership of a building containing two or more dwelling units, or possession thereof under a written contract to purchase or transfer ownership, by persons, firms, companies, corporations or partnerships, where persons, firms, companies, corporations or partnerships have or may have an undivided ownership interest in the property; by agreement have an exclusive right of occupancy to an individual dwelling unit; where the dwelling unit have not been mapped as a condominium, community apartment or stock cooperative per Subdivision Code, Article 9; creating a requirement for the Planning Department to review the proposed project for compliance with the Planning Code and any applicable design guidelines approved by the Planning Commission; requiring any application for conversion of an existing building from One Ownership to Fractionalized Ownership to meet all applicable provisions of the City's Housing, Building and City Planning Codes including standards for fire and life safety consistent with new construction, pending Board approval.
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