Feature

City Council Approves Fire Safety Bills for Residential Buildings

May 22, 2018    
The City Council recently voted to approve a series of eight fire safety bills with the goal of making residential buildings safer. The bills were created in response to the Dec. 28, 2017, Bronx fire that killed 13 people, making it the city’s deadliest fire in more than a quarter century....
Management Basics

Six Exceptions to the Four-Year Rule for Overcharge Claims

May 22, 2018    
Rent Increases

DHCR Issues New Operational Bulletin on Defective Work and MCI Rent Hikes

May 22, 2018    
The DHCR recently posted Operation Bulletin 2018-1 entitled, “The Effect of Defective Work on the Disposition of an Owner’s Application for a Major Capital Improvements (MCI) Rent Increase.” It provides guidance on the granting of MCI rent increases when there are defective...
Court Watch

NY High Court Rules in Favor of Owners in High-Rent Vacancy Deregulation Case

May 22, 2018    
On April 26, the New York State Court of Appeals handed down a landmark ruling in favor of rent-stabilized building owners by preventing them from having to re-regulate as many as 150,000 market-rate apartments. The Court unanimously reversed a 2015 decision of the Appellate Division, First...
In the News

Candidate Nixon Proposes Sweeping Overhaul of Rent Regulations

May 22, 2018    
Democratic gubernatorial challenger Cynthia Nixon recently released her plan to overhaul rent regulations. Nixon is promising to work with state lawmakers to reclaim and protect all units that were removed from rent stabilization through vacancy decontrol. She is seeking to re-regulate all of the...
In the News

City Council Adopts Rent Regulations Resolutions Package

May 22, 2018    
The City Council recently passed several resolutions calling on the State Legislature to strengthen rent laws. Although the state law on rent regulation doesn’t expire until next June, it’s possible that the State Legislature may pursue the renewal of rent laws before the end of its...
In the News

Rent-Stabilized Tenant Ordered to Pay Record High Airbnb Fine

May 22, 2018    
A judge recently ordered a Tribeca rent-stabilized artist to leave her apartment and pay a fine of $185,000 for illegally listing it on Airbnb. The tenant, who paid $1,500 a month for her rent-stabilized two-bedroom apartment, was sued by her landlord in 2014, who claimed she was earning about $4,...