Feature

New York State Extends Rent Relief, Broadens Eligibility

January 22, 2021    
The latest application window for COVID rent relief ends Feb. 1. When the New York State Legislature passed the Emergency Rent Relief Act of 2020 last May, the DHCR was charged with administering the program by disbursing $100 million from the state’s CARES Act money to eligible renters.
Rent Increases

DHCR Updates Reasonable Cost Schedule for MCIs

January 22, 2021    
On Jan. 12, the DHCR issued Operational Bulletin 2021-1, which replaces Operation Bulletin 2020-01. According to the DHCR, this bulletin is designed to be updated annually to reflect reasonable costs associated with major capital improvements (MCIs). The annual bulletin allows the DHCR to respond...
Management Basics

DOF Publishes FY 2022 Tentative Property Tax Assessment Roll

January 22, 2021    
On Jan. 15, the NYC Department of Finance (DOF) announced the publication of the tentative property tax assessment roll for Fiscal Year 2022 (FY22). The tax assessment roll set the tentative values for all New York City properties. The FY22 tentative assessment roll shows the total market value of...
Management Basics

Compliance Reminder: Provide Annual Stove Knob Cover Notices

January 22, 2021    
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 owner...
Landlord v. Tenant

Landlord v. Tenant: February 2021

January 22, 2021    
EVICTION Court Issues Eviction Warrant Under DRP 213 for Pre-Pandemic Case Landlord sued to evict tenant for nonpayment of rent in October 2019. Landlord and tenant, represented by an attorney, signed a settlement agreement in December 2019. Tenant agreed to pay back rent due, and landlord agreed...
Feature

How to Get DHCR Approval to Demolish a Rent-Regulated Building

December 18, 2020    
The DHCR recently updated its fact sheet related to demolitions. Demolitions have garnered more attention in recent years due to the sweeping changes made to rent regulations as a result of the Housing Stability and Tenant Protection Act (HSTPA). Passed in June 2019, HSTPA severely limited rent...
Management Basics

Post Hurricane Evacuation Notices If Building Is in Evacuation Zone

December 18, 2020    
The New York City Fire Department recently adopted rules implementing Local Law 103 of 2019. This law, which took effect on Oct. 6, 2019, requires apartment building owners (Group R-2 buildings and occupancies) within a hurricane evacuation zone, as designated by the Commissioner of the Office of...
In the News

City Council Passes Bill to Facilitate Opening of New Buildings

December 18, 2020    
On Dec. 10, 2020, the New York City Council passed Intro. 2033, creating Interim Certificates of Occupancy (ICOs). Certificates of Occupancy are government documents that indicate the legal use and occupancy of buildings.
In the News

Cuomo Announces Executive Order to Help Needy Renters

December 18, 2020    
In May, the state legislature passed the Emergency Rent Relief Act of 2020 to help low-income renters make their monthly rent payments for up to four months. The program was funded by $100 million of federal money. Critics claimed the legislation enabling the act was written far too narrowly, and...
In the News

NYC Public Advocate Reveals 2020 List of City’s Worst Landlords

December 18, 2020    
Public Advocate Jumaane Williams recently released the annual Worst Landlord Watchlist, which catalogues the 100 most egregiously negligent landlords in New York City as determined by widespread, repeated, and unaddressed violations in buildings on the list. The New York City Housing Authority (...