Feature

DOB Reduces Violations, Penalties to Achieve Mayor’s Executive Order

January 25, 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 penalties. The...
Rent Increases

DHCR Issues Second Update to Reasonable Cost Schedule for MCIs

January 25, 2023    
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 to...
Management Basics

DOF Publishes FY 2023 Tentative Assessment Roll

January 25, 2023    
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 2022...
Management Basics

Compliance Reminder: Provide Updated Annual Stove Knob Cover Notices

January 25, 2023    
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...
In the News

City Sues Owners for Building Code Violations, Dangerous Living Conditions

January 25, 2023    
Mayor Eric Adams and NYC Corporation Counsel Sylvia O. Hinds-Radix recently announced the filing of two lawsuits against Alma Realty Corp. and Empire Management America Corp. for the failure to fix thousands of code violations that created dangerous living conditions for tenants. The lawsuits seek...
Feature

FDNY Updates FEP Bulletin to Address Lithium-Ion Battery Risks

December 21, 2022    
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 with...
New Laws & Regs

DSNY Publishes Final Rules to Reduce Hours Trash Stays on Streets

December 21, 2022    
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 released...
Q & A

Does Gas Re-Piping Qualify as MCI When Done to Fix Gas Leak?

December 21, 2022    
Q Our rental building had an unexpected gas leak and Con Edison shut off the gas service for six months for mandatory repairs. As part of the repairs, we were required to change all the gas pipes in the building to be able to reinstate the gas service to the tenants (75 apartments in total). Can...
Landlord v. Tenant

Landlord v. Tenant: January 2023

December 21, 2022    
PROCEDURE—COURT ERAP Stay Vacated Because Co-Tenant Already Applied for and Was Denied ERAP Assistance   Landlord sued to evict tenant for nonpayment of rent. Tenant filed an ERAP application, which automatically stayed the eviction proceeding. Landlord then asked the court to...
Feature

OSE Proposes Rules to Implement Short-Term Rental Registration Law

November 30, 2022    
Registration of short-term rentals takes effect in January.