Feature

City Will Require Small Building Owners to Containerize Trash

July 25, 2024    
DSNY proposes new garbage rules for small building owners.     On July 8, the NYC Department of Sanitation (DSNY) proposed rules that mandate residential buildings with under 10 units to use specific garbage containers starting this fall. The rules are likely to be adopted as written as...
Management Basics

DHCR Updates Renewal Lease Form for Rent-Stabilized Apartments

July 25, 2024    
Renewal leases must keep the same terms and conditions as the expiring lease.     The DHCR recently updated NYC Renewal Lease Form (RTP-8) to incorporate the requirements of Rent Guidelines Board Order (RGBO) #56. The RGBO applies to renewal leases for rent-stabilized apartments,...
Management Basics

Avoid Steep New Penalties for Delinquent Rent Registration

July 25, 2024    
The DHCR issues a new Operational Bulletin covering filing deadlines and penalties.    
Management Basics

Cooling Tower Operation Tips During Heat Waves

July 25, 2024    
The NYC Department of Health and Mental Hygiene (DOHMH) recently issued a checklist of cooling tower operating tips during heat waves. According to the notice, hot and humid weather that may cause disruptions from elevated condenser water temperatures, microbiological fouling, and rapid Legionella...
In the News

Proposed Bill Would Set Maximum Apartment Temperatures During Summer

July 25, 2024    
Fines for inadequate cooling would mirror those for inadequate heating.  
In the News

Comptroller Sues Contractor for 421-a Wage Violations

July 25, 2024    
Building service employees missed out on over $140,000 in pay.   NYC Comptroller’s Bureau of Labor Law recently filed lawsuits against divisions of Planned Companies for failure to pay prevailing wage and supplemental benefits to building service employees at two 421-a buildings. The...
Feature

RGB Approves Rent Hikes for One-Year, Two-Year Leases

June 24, 2024    
Use our chart to help calculate the increases.     On June 17, the NYC Rent Guidelines Board (RGB) voted to raise rents on rent-stabilized apartments. In a 5 to 4 vote, the RGB adopted guidelines for Rent Guideline Board Order (RGBO) #56, which sets the rent increases you may take for...
Related Tools: RGBO #56 Rent Computation Form
New Laws & Regs

City Council Passes More Parking Garage Safety Regulations

June 24, 2024    
The new regs mandate more frequent inspections and larger penalties.     As the due dates approach for one-time initial observations and Subcycle B filings for parking structure filings, the City Council recently passed a package of bills to improve parking garage safety by identifying...
Management Basics

File 2024 Rent Registrations Online by July 31

June 24, 2024    
You can’t collect a rent increase—or even apply for one—until you file.    
In the News

NYC Implements 485-x Housing Tax Break, 421-a Extension

June 24, 2024    
Developers can move ahead with approved developments under 421-a or reapply for 485-x.    
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