Feature

How to Apply the Rent Guidelines When ERAP Is Accepted

September 22, 2021    
If you’re accepting ERAP funds, you must abide by certain terms.  
Q & A

Communicating the Mid-Year Hike for a One-Year Vacancy Lease in the NYC Lease Rider

September 22, 2021    
Q Can you show how to implement the rent guidelines for vacancy leases starting Oct. 1, 2021? The New York City Lease Rider for Rent-Stabilized Tenants (DHCR form RA-LR1) hasn’t been updated since September 2019 and doesn’t show how the rents change after six months with the recent rent...
Q & A

Checking Contractors' Insurance Policy Exclusions

September 22, 2021    
The Insider spoke with Jonathan Steward, vice president/producer, O&S Insurance Brokerage Group, to discuss why there are more and more exclusions in contractors’ insurance policies—and how to guard against them. Insider: New York State’s one-of-a-kind Scaffold Law states that...
Management Basics

Updated Building Energy Efficiency Rating Label Available on Oct. 1

September 22, 2021    
Large building owners must post the label by Oct. 31 or face a $1,250 penalty.  
Management Basics

Building Owner Heating Obligations as Heat Season Begins

September 22, 2021    
During “heat season” HPD responds to all heat and hot water complaints and, if adequate heat and hot water conditions aren’t corrected, HPD will impose penalties and may contract with private companies under the Emergency Repair Program to restore services to residents. In the...
Feature

Supreme Court Limits CEEFPA: Which Eviction Protections Remain?

August 25, 2021    
On Aug. 12, the country’s highest court sided with a group of New York owners who challenged the state’s COVID Emergency Eviction and Foreclosure Prevention Act (CEEFPA). The CEEFPA was signed into law in December 2020, effectively freezing nearly all evictions in the state. In the...
Violations

Will Local Law 152 Force Your Illegal Laundry Room to Come Clean?

August 25, 2021    
Complying with the gas piping inspection requirements of Local Law 152 is putting owners of small buildings with illegal laundry rooms in a lather. Local Law 152 was passed as part of a larger package of regulations concerning gas line safety. Specifically, it imposes periodic inspections for gas...
In the News

OTDA Officials Discuss ERAP's Delayed Rollout, Current Progress

August 25, 2021    
On Aug. 10, the state Senate held a hearing with officials from the Office of Temporary and Disability Insurance (OTDA) on the rollout of the Emergency Rental Assistance Program (ERAP).
In the News

State Comptroller Reports on ERAP Challenges

August 25, 2021    
The Office of the New York State Comptroller recently issued a report on the problems plaguing the state's rent relief program. The report finds funds slow to move and not reaching low-income and minority New Yorkers. The report discusses the Emergency Rental Assistance Program (ERAP) rollout...
Feature

How to Implement RGBO #53 Rent Increases

July 22, 2021    
On June 23, the Rent Guidelines Board voted to freeze existing rents for six months before increasing rates by 1.5 percent for the remaining half of the year for one-year leases. The RGB also voted to raise rents on two-year leases by 2.5 percent. The new rates take effect for leases commencing...