What prevents a landlord from creating ownership units (i.e., converting them to coop/condo units) in a rental unit building without informing all of the building's tenants, possibly to intentionally exclude the uninformed tenant(s) from the offering?
Example: Landlord puts family members in units as they become available. For one reason or another doesn't try to evict non-family tenants, but wants to create coops/condos only for family members. Code of silence. How would the non-family tenants even know about it?
Thanks.