[HISTORY: Adopted by the Mayor and Council of the City of Hoboken 2-15-1989 by Ord. No. P-44A. Amendments noted where applicable.]
After the effective date of this chapter, no rental housing units in the City of Hoboken shall be converted to condominium or cooperative units. This section applies to all rental housing units which have not been approved by the New Jersey Department of Community Affairs for condominium or cooperative conversion at the time this chapter becomes effective.
No tenant shall be evicted from his or her rental dwelling unit solely because the dwelling unit is converted to a condominium or a cooperative form of ownership.