In the December 2022 issue of the Insider, we highlighted the Mayor’s Office of Special Enforcement (OSE) proposed rules to implement Local Law 18, the short-term rental registration law (see...
On Jan. 30, Mayor Eric Adams and NYC Department of Environmental Protection (DEP) Commissioner Rohit T. Aggarwala announced a temporary amnesty program for overdue water bills. Amnesty means forgiveness, and in this context, it means partial or complete interest forgiveness for qualified...
In the last issue of the Insider, we notified you that the NYC Department of Finance published the tentative property assessment roll for fiscal year 2023 (see DOF Publishes FY 2023...
On Jan. 18, the NYC Department of Finance (DOF) announced the publication of the tentative property assessment roll for fiscal year (FY) 2023, which shows the total market value of all New York City properties for the upcoming year at about $1.398 trillion, an increase of 8.2 percent from the...
Stove knob covers are an important fire prevention tool. The covers make stove knobs on gas-powered stoves inaccessible to children. Local Law 117, which became effective in December 2018, requires that an owner of multiple dwellings provide stove knob covers for gas-powered stoves where the...
Each year, apartment building owners are required to file bedbug infestation and treatment reports with HPD. Owners must file annually between Dec. 1 and Dec. 31 for the previous year—which currently means from November 2021 through October 2022.
In New York City, Local Law 55 of 2018, the Asthma-Free Housing Act, requires that owners of buildings with three or more apartments keep their tenants’ apartments free of mold and pests. Under this law, an owner of multiple dwellings is required to inspect units annually for indoor...
New York City has a set of laws in place requiring owners of buildings that use tanks to store or pressurize the building’s drinking water to inspect and clean them at least once per year. The requirement applies to any tank used to store a building’s drinking water. If the building...
Similar to the Department of Health grades for restaurants, a building’s energy efficiency grade is a letter grade that must be posted by Oct. 31 if you own or manage an applicable building. Local Law 33 of 2018, as amended by Local Law 95 of 2019, requires all large building owners...
The beginning of New York City’s eight-month-long “heat season” is around the corner, and owners must meet temperature requirements to ensure apartments have heat and hot water during the colder months. During heat season, HPD responds to all heat and hot water complaints and,...
If a staff member or tenant reports that a door or lock at a building or unit entrance is broken, you may think you can wait until morning or even a few days to repair this condition. But that would be a mistake. Any delay leaves tenants at risk and increases the likelihood of your being held...
The DHCR has modified the NYC Renewal Lease Form (RTP-8) to incorporate the requirements of Rent Guidelines Board Order #54. With the latest order, the city’s Rent Guidelines Board voted to allow you to take a 3.25 percent increase on one-year renewal leases and a 5 percent increase on two...
