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...
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...
Pending bill seeks to eliminate $5 surcharge for tenant-installed A/C units.
The Division of Housing and Community Renewal (DHCR) recently announced an increase in this year’s air-conditioner rent surcharge for owners who pay for electricity. In rent-controlled or...
On Aug. 31, the DHCR issued a notice of public hearing on proposed amendments to the Rent Stabilization Code. These proposed amendments have been in the works for two and a half years and would be the first update since 2014 to the Rent Stabilization Code, which governs roughly 1 million rent-...
The rules apply to all tenants, not just rent-regulated ones.
A security deposit is money a tenant deposits with the building owner that protects the owner if the tenant stops paying rent, skips out early on the lease, or damages the apartment. In New York, security...
As summer approaches, many of your tenants may start to install air conditioners in their windows. Or they may ask a super to do the installation for them. But air conditioners that tenants or building employees improperly install or remove may cause you big trouble. They may fall out of windows...
The DHCR has finally issued rules to permit rent-stabilized leases and lease renewals to be offered and accepted through electronic means. On March 25, the DHCR issued Operational Bulletin 2022-1, entitled “Electronic Lease Offering and Tenant’s Voluntary Consent.” The bulletin...
