Feature
April 23, 2024
Cooling tower owners have only a short window of time to coordinate startup efforts.
Springtime marks the time of year when HVAC cooling towers are put back into service. The NYC Department of Health and Mental Hygiene (DOH) recently issued seasonal startup tips for cooling towers to...
Management Basics
April 23, 2024
The relocation stipends for demolition orders have been increased.
One of the grounds upon which an owner may end a rent-regulated tenancy is where the owner intends to demolish the building. However, in such situations, an owner must first obtain DHCR approval by filing an...
Management Basics
April 23, 2024
To retain your right to appeal to the Tax Commission, you must file your RPIE on time.
In the News
April 23, 2024
The TPC will work to address housing complaints across the five boroughs.
The city recently launched the Tenant Protection Cabinet (TPC), a city agency dedicated to protecting tenants. It’s a multi-agency collaboration intended to serve renters in New York City by creating pathways to...
In the News
April 23, 2024
Operating costs rose an average of 6.1% between 2021 and 2022, while net operating income increased 10%.
The Rent Guidelines Board (RGB) is mandated by law to establish yearly rent adjustments for rent-stabilized apartments in New York City. The board holds an annual series of public...
Feature
March 18, 2024
Buildings will now be selected for the program annually.
Management Basics
March 18, 2024
Penalties for missing the deadline start at $500 and increase quarterly.
Landlord v. Tenant
March 18, 2024
MAJOR CAPITAL IMPROVEMENTS
Qualifying MCI Work Need Not Be Performed to Entire Building Complex
Landlord of a large apartment complex containing 35 buildings applied to the DHCR for MCI rent hikes at 12 buildings, based on installation of new roofs, facade restoration, and related engineering fees...
In the News
March 18, 2024
Delinquent accounts owe a total of $124 million.
During the pandemic, the NYC Department of Environmental Protection (DEP) saw a significant increase in the number and balance of delinquent accounts. In fact, the total of delinquent payments nearly doubled to $1.2 billion, which threatened...
In the News
March 18, 2024
Rent-regulated units were advertised as short-term rentals.
