New York City’s population of older adults, which currently represents 20 percent of the city’s entire population, will grow as the Baby Boomer generation ages. A 2021 CUNY Graduate Center study reports that the population of adults ages 65 and older in New York State will increase...
On Jan. 30, Mayor Eric Adams and NYC Department of Environmental Protection (DEP) Commissioner Rohit T. Aggarwala announced a temporary amnesty program for overdue water bills. Amnesty means forgiveness, and in this context, it means partial or complete interest forgiveness for qualified...
In the last issue of the Insider, we notified you that the NYC Department of Finance published the tentative property assessment roll for fiscal year 2023 (see DOF Publishes FY 2023...
These 26 reforms are projected to save NYC small businesses roughly $1.5 million.
In January 2022, Mayor Adams signed Executive Order 2, “Small Business Forward,” to reform existing business regulations and ensure local businesses face fewer needless fines and...
On Jan. 4, the DHCR issued its second update to Operational Bulletin 2021-1. When the Housing Stability and Tenant Protection Act (HSTPA) was enacted, it directed the DHCR to create a schedule of reasonable costs associated with major capital improvements (MCIs). The document is updated annually...
On Jan. 18, the NYC Department of Finance (DOF) announced the publication of the tentative property assessment roll for fiscal year (FY) 2023, which shows the total market value of all New York City properties for the upcoming year at about $1.398 trillion, an increase of 8.2 percent from the...
Stove knob covers are an important fire prevention tool. The covers make stove knobs on gas-powered stoves inaccessible to children. Local Law 117, which became effective in December 2018, requires that an owner of multiple dwellings provide stove knob covers for gas-powered stoves where the...
E-bikes, e-scooters, e-mopeds, and other small electric mobility devices have experienced a surge in popularity. These devices use a small electric motor to increase the range and reduce the effort it takes to reach a destination. For example, e-bikes look and behave like traditional bicycles...
In our November 2022 issue, we covered new trash rules proposed by the NYC Department of Sanitation (DSNY) governing the time for placing solid waste and recyclable materials at the curb for collection. On Nov. 19, DSNY held a public hearing on the proposed rules. Since then, DSNY recently...
Each year, apartment building owners are required to file bedbug infestation and treatment reports with HPD. Owners must file annually between Dec. 1 and Dec. 31 for the previous year—which currently means from November 2021 through October 2022.
In New York City, Local Law 55 of 2018, the Asthma-Free Housing Act, requires that owners of buildings with three or more apartments keep their tenants’ apartments free of mold and pests. Under this law, an owner of multiple dwellings is required to inspect units annually for indoor...
