Feature

Follow Five Dos & Don’ts When Tenant Denies Access for Repairs

January 26, 2018    
If a rent-regulated tenant has filed a reduced service complaint with the DHCR, you’ll need access to the tenant’s apartment to investigate the complaint and make any needed repairs. You’ll also need access to make repairs if you’re trying to get the rent restored after a...
New Laws & Regs

City Council Passes Real Estate-Related Laws for 2018

January 26, 2018    
In December, in the last legislative session of 2017, the City Council passed a number of bills affecting owners. They are intended to go into effect in 2018. After a bill is passed by the City Council, it is presented to the mayor, who has 30 days to either sign the bill into law, veto the bill,...
Management Basics

DOF Publishes FY 2019 Tentative Property Tax Assessment Roll

January 26, 2018    
On Jan. 17, the NYC Department of Finance (DOF) announced the publication of the tentative property assessment roll for fiscal year 2019. At this time, the DOF sends each owner a Notice of Property Value, which is the tentative assessment for the next fiscal year conveying the market value of the...
In the News

Mayor Implements Predatory Equity Bill

January 26, 2018    
Last year, the City Council voted unanimously on the “Predatory Equity Bill,” which creates a watch list of rent-regulated buildings where tenants are potentially vulnerable to investors who may want to kick them out. Mayor de Blasio recently signed the bill into law.
In the News

Court Upholds Water Board’s 2017 Rate Increase and One-Time Credit

January 26, 2018    
The state’s highest court recently overturned the lower court ruling that blocked a one-time $183 credit for owners of one-, two-, and three-family dwellings. At the same time, the Water Board increased charges in 2017 for owners of apartment, co-op, and condo buildings. Apartment owners...
In the News

EPA Ordered to Revise Lead Exposure Standards

January 26, 2018    
A study published in the Journal of Pediatrics in 2016 found that despite decades of work to reduce lead in paint, dust, and water, about 3 percent of children around the country exhibit high levels of the metal in their blood. According to the study, the problem is particularly acute in parts of...
Landlord v. Tenant

Landlord v. Tenant: February 2018

January 26, 2018    
RENT STABILIZATION COVERAGE Court Applies Law Retroactively to Find Apartment Was Improperly Deregulated Landlord sued to evict unregulated tenant after tenant's lease expired. Tenant claimed that he was rent stabilized and had been overcharged. The court ruled for tenant. Rent Stabilization...
Feature

Handling Reasonable Accommodation Requests from Tenants with Nonobvious Disabilities

December 20, 2017    
The DHCR recently revised Operational Bulletin 2016-1 to include changes or modifications made to an apartment that are reasonable modifications for a tenant with disabilities. Operational Bulleting 2016-1 provides guidance to owners and tenants of rent-stabilized apartments on how the DHCR will...
Rent Increases

DHCR Releases Preliminary Standard Adjustment Factor for 2018–19 MBR Cycle

December 20, 2017    
The rents in rent-controlled apartments in New York City are governed by the Maximum Base Rent (MBR) system. This system is based on a mathematical formula for computing the maximum rent levels for each controlled apartment in the city. This theoretical MBR represents an approximation of the actual...
In the News

City Council Passes Bill Protecting Immigrant Tenants from Harassment

December 20, 2017    
The City Council recently approved a bill that bars owners from asking immigrant tenants for proof of citizenship. Int. No. 1678, introduced by Councilmember Peter Koo of District 20, amends the definition of “harassment” under the Housing Maintenance Code to include discriminatory...
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