Feature

How to Comply with Order Extending Eviction Moratorium

May 21, 2020    
We explain which tenants are protected and how to let tenants tap security deposits for rent.   On May 7, Governor Andrew Cuomo signed into effect New York State Executive Order No. 202.28, extending the eviction moratorium from June 20 through Aug. 20. The moratorium prevents owners from...
Rent Increases

RGB Favors Rent Freeze in Preliminary Vote

May 21, 2020    
In a preliminary vote held on May 7, the NYC Rent Guidelines Board (RGB) proposed guidelines for rent-stabilized apartments effective Oct. 1, 2020, through Sept. 30, 2021. The board voted 5-4 to endorse freezing rents on one-year leases and the first year of two-year leases signed on or after Oct....
In the News

City Council Speaker Airs Concerns Over Canceling Rent

May 21, 2020    
On May 14, when asked about canceling rent on WNYC’s The Brian Lehrer show, City Council Speaker Corey Johnson called for federal financial assistance to help struggling residents pay their rent. He noted that a cancellation of rent could further disrupt the city’s budget, which is in...
In the News

DHCR Extends Processing and Procedures Deadlines

May 21, 2020    
On April 20, the DHCR updated Advisory Opinion 2020-2 Novel Coronavirus (COVID-19) Guidance with respect to processing and other procedures affecting the Office of Rent Administration (ORA) and Tenant Protection Unit (TPU). All agency matters that weren’t final as of March 13, 2020, are...
Feature

How New Emergency Paid Leave Benefits Apply to Building Service Workers

April 23, 2020    
As the COVID-19 pandemic continues, the Centers for Disease Control and Prevention (CDC) and the local health department have encouraged workers who are sick to stay home. Benefits such as sick leave and family leave can help employees follow these guidelines during this precarious time. Currently...
Rent Increases

RGB Issues Income & Expense Study, Annual Meetings to Continue

April 23, 2020    
Despite Mayor de Blasio’s announcement in April that the city was working with the state to suspend the Rent Guidelines Board (RGB) meetings, the meetings will be held remotely this year. The mayor said that there were some legal concerns with suspending the board. The RGB is mandated by law...
Management Basics

DOF Extends RPIE Statements, Storefront Registry Filing Deadline to July 1

April 23, 2020    
The NYC Department of Finance (DOF) requires certain owners of residential properties to file the Real Property Income & Expense Statement (RPIE) every year. The DOF needs income and expense information each year to value your property accurately. In response to the COVID-19 pandemic, the DOF...
Management Basics

State, DOB Halt Non-Essential Construction Due to COVID Crisis

April 23, 2020    
New York State has halted non-essential construction. On March 27, Governor Cuomo amended the executive order, which required non-essential businesses and nonprofits to limit in-person work to curb COVID-19 transmission to include the suspension of all non-essential construction. Following the...
In the News

State Lawmakers Seek to Extend Eviction Moratorium

April 23, 2020    
On April 7, State Senators Brad Hoylman and Liz Krueger along with Assembly Member Jeffrey Dinowitz introduced the “Tenant Safe Harbor Act,” which would prohibit owners from evicting tenants for nonpayment of rent during New York’s current state of emergency and for six months...