Feature

What Owners Need to Know About the Rent Assistance Program

June 21, 2021    
Here’s how to avoid processing delays.   The application portal for New York’s Emergency Rental Assistance Program (ERAP) has finally opened. As of June 1, eligible tenants and landlords can apply for rental assistance to help them get back on their feet. Many tenants have been...
Management Basics

File 2021 Rent Registrations Online by July 31

June 21, 2021    
You must file an Annual Apartment Registration application with the DHCR for every rent-stabilized apartment you own by July 31, 2021, using the DHCR’s online Owner Rent Regulation Application (ORRA) system. New York State law also requires owners to provide each tenant in occupancy with a...
In the News

New Document Required for All Permits in DOB NOW

June 21, 2021    
The DOB’s new property ownership certification for Local Law 160 of 2017 is now available. According to a recent DOB Service Notice, as of June 30, 2021, all applications (except LAAs, electrical, and elevator jobs) will require this form to proceed in DOB NOW, the online platform for...
In the News

DOB Announces Construction Site Sweep for Safety Violations

June 21, 2021    
DOB Commissioner Melanie E. La Rocca announced on June 1 that teams of DOB enforcement inspectors are mobilizing across the five boroughs to perform safety sweeps of construction sites, to ensure that they are safe for both workers and the public.
In the News

State Legislature Passes Bill Extending the J-51 Program

June 21, 2021    
The New York State Senate and Assembly recently passed legislation extending the J-51 property tax exemption and abatement program. The J-51 tax incentive is an as-of-right tax exemption and abatement for residential rehabilitation or conversion to multiple dwellings. J-51 participants are exempt...
In the News

DEP Proposes Water Rate Increase for 2022

June 21, 2021    
Last month, the NYC Department of Environmental Protection (DEP) proposed a water rate increase for all rate payers citywide. DEP proposed a 2.76 percent increase to the water rate in 2022 to the city’s Water Board. Last year, with the pandemic as a backdrop, the DEP recommended freezing...
Feature

How to Comply with HPD's Heat Sensors Program

May 20, 2021    
Enforcement is strict, and penalties for violations are steep.  
Rent Increases

RGB Likely to Extend Rent Freeze for One-Year Leases

May 20, 2021    
On May 5, in a preliminary vote, the Rent Guidelines Board (RGB) voted 5 to 4 to consider freezing rents on one-year leases or letting owners raise them up to 2 percent. If the RGB votes to keep rents as is for another year, it would effectively extend the rent freeze RGB approved last summer. For...
New Laws & Regs

Data Privacy Bill Targets Buildings with Keyless Entry Systems

May 20, 2021    
On April 29, the New York City Council passed the Tenant Data Privacy Act (TDPA) that would require owners of "smart access" buildings that use keyless entry systems to provide tenants with a data retention and privacy policy.
Violations

Local Law 33: Post Building Energy Efficiency Labels to Avoid Violations

May 20, 2021    
The DOB recently announced that as of April 29, it will issue violations to owners of buildings that appear on the NYC Benchmarking Covered Buildings List who fail to post an Energy Efficiency Rating Label as required by Local Law 33 of 2018. The penalty for failure to display the building’s...