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...

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...

Must You Inspect for Lead Paint When There’s No Child or Peeling Paint in Apartment?

November 20, 2020    

Q Under the new lead legislation, if an apartment is presumed to have lead, but there is no peeling paint and no child living in the apartment, do you have to have it inspected? If lead is found, what do you have to do?

Will Insurance Cover COVID-Related Business Losses?

April 7, 2020    

The Insider spoke with Allen Wolff, a shareholder in the law firm Anderson Kill.

 

Q: Landlords are bracing for a drop in rental income as more and more tenants who lose their jobs stop paying rent. Would standard insurance that most landlords carry...

Allowing Electronic Signatures on Rent-Stabilized Leases

November 12, 2019    

Q It seems as though younger tenants want to do everything online and enjoy the convenience of electronically signing documents. Can I offer rent-stabilized renewal leases by electronic means?

Preserving Both Higher Legal Rent and Preferential Rent in Rent-Stabilized Renewal Leases

August 22, 2019    

As a result of the rent laws passed in June, I know that a preferential rent granted in a rent-stabilized tenant’s lease rider or provision must become the base rent upon...

FAQs About the NYC Pet Law and Assistance Animals

November 9, 2018    

The federal Fair Housing Act (FHA) prohibits discrimination in the sale or rental of housing based on an individual’s disability, and requires a housing provider to make “reasonable accommodations” that are necessary for a person with a disability to fully use and enjoy his or...

Determining Fair Market Rent, Negotiating Initial Rent of a Decontrolled Apartment

May 24, 2017    

Q A rent-controlled tenant is vacating. There are eight apartments in my building. The other seven apartments were previously rent controlled or rent stabilized. As they became vacant, I renovated each apartment and then rented them, between...

Q & A on DHCR's J-51 Rent Registration Initiative

March 18, 2016    

In January, Gov. Andrew Cuomo ordered owners who received J-51 tax benefits to re-register 50,000 units for rent protection. This followed New York courts’ decisions that any apartment subject to rent stabilization at the time that the J-51 benefits were received must register those units...

Painting Requirements of Rent-Controlled Apartments with Possible Asbestos

July 30, 2015    

Q Our only rent-controlled tenant went to a local hardware store for a consultation regarding the replacement of her approximately 45-year-old hard wood floor. The tenant claims that the salesperson found out that there’s asbestos in...

Collecting Special Rent Increases Under RGBO No. 41

November 12, 2014    

Q: Can I collect special rent increases for low-rent apartments that were issued under Rent Guidelines Board Order No. 41 and later challenged in court?

High-Rent Vacancy Deregulation of Rent-Stabilized Apartment

May 27, 2014    

Q How have the Rent Code Amendments of 2014 (RCA 2014) changed the process for deregulating rent-stabilized apartments through high-rent vacancy? Are there any additional forms to fill out?

A...