Feature
July 28, 2022
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 deposits are governed by...
Management Basics
July 28, 2022
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-...
Q & A
July 28, 2022
Q I own a small mixed-use building in Brooklyn with two commercial tenants, three rent-stabilized tenants, and three market-rate tenants. As a result of Local Law 152 gas piping inspection requirements, I will have to replace five of the stove gas lines used by the residential tenants to pass the...
In the News
July 28, 2022
On July 21, the State Office of Temporary and Disability Assistance (OTDA) announced that it is “actively reviewing and processing eligible Emergency Rental Assistance Program (ERAP) applications submitted through June 30, 2022.” This announcement came about because the 2022–23...
In the News
July 28, 2022
HUD recently announced that an Administrative Law Judge found that a Long Island landlord violated the Fair Housing Act when he refused to rent to a mother and her daughter because of the daughter’s cerebral palsy. The judge ordered the owner to pay $50,530 in damages to the family and a $20,...
Landlord v. Tenant
July 28, 2022
PROCEDURE—COURT
ERAP Stay Vacated by Court Where Occupant Was Former Super Who Never Paid Rent
Landlord sued to evict its former building superintendent after his employment was terminated in October 2021. The super had lived in one of landlord’s apartments since 2017 in connection with...
Feature
June 28, 2022
RGB votes for sharpest increase in nearly a decade.
Management Basics
June 28, 2022
Not complying with the annual rent registration requirements can result in a retroactive rent freeze.
New Laws & Regs
June 28, 2022
On June 2, the City Council voted on legislation requiring inspections for self-closing doors in residential buildings. This is an additional fire safety measure to prevent fire tragedies, and it complements the recent legislative package that was passed in May and signed into law on June 1. These...
New Laws & Regs
June 28, 2022
On June 7, Governor Kathy Hochul signed into law New York State Senate Bill S4937C. This law allows hotels that are already authorized as Class B hotels to rent rooms for permanent residence purposes and unlocks $200 million in state funds to finance the conversions. The bill cites both the lack of...