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    
In January 2014, the DHCR adopted amendments to the Rent Stabilization Code (RSC). Among the amendments were more exceptions made to the “four-year rule”—the four-year statute of limitations or time limit to initiate an overcharge complaint. Generally, the statute of limitations...
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

Comptroller Reports on Airbnb’s Impact on Rents, Regulation Looms

May 22, 2018    
New York City Comptroller Scott Stringer recently issued a report detailing Airbnb’s effect on housing affordability from 2009 to 2016. The report says that when people put up their apartments for short-term stays, they are basically removing them from the rental market, lowering the housing...
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

Water Board to Vote on FY 2019 Water Rate Proposal

May 22, 2018    
The New York City Department of Environmental Protection (DEP) recently proposed increasing the New York City water and sewer rates by 2.36 percent to the NYC Water Board. Water Board rates are based on the cost of providing utility services and servicing outstanding debts that relate to water and...
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,...
Feature

How to Avoid Violating NYC’s Expanding ‘Tenant Harassment’ Laws

May 9, 2018    
By Eileen O’Toole, Esq.