Violations
May 22, 2023
The Maximum Base Rent Program affects housing conditions in New York City rent-controlled apartments. The program helps ensure that apartments under rent control provide enough income for their maintenance and for building improvements. Local Law 30 of 1970 stipulates that Maximum Base Rents be...
Violations
May 22, 2023
For the 16th year, HPD has announced its list of the most poorly maintained apartment buildings in New York City. As a result of placement on the list, there will be increased enforcement against these 250 buildings through HPD’s Alternative Enforcement Program (AEP). The AEP was established...
In the News
May 22, 2023
Increase would pay for stormwater resilience and infrastructure upgrades.
The NYC Department of Environmental Protection (DEP) recently proposed increasing the city’s water and sewer rates by 4.42 percent to the NYC Water Board. Water Board rates are based on the cost of providing...
In the News
May 22, 2023
According to City Council stats, there were 111,509 lead paint violations in the city between January 2018 and March 2023. As of March 2023, 45 percent of all lead-related court cases are concentrated in the Bronx. Brooklyn ranked second for cases. The City Council recently held an oversight...
Feature
April 23, 2023
Prepare for more inspections and tougher enforcement for violations in these zones.
Rent Increases
April 23, 2023
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 meetings and hearings to consider research from staff and testimony from owners, tenants, advocacy groups, and industry...
Management Basics
April 23, 2023
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 uses income and expense information gathered each year from this filing to value your property accurately for the upcoming tax...
Q & A
April 23, 2023
Q How do you set the rent on a rent-stabilized apartment after it has been used by the landlord as an office for approximately 20 years?
In the News
April 23, 2023
Mayor Adams recently announced an initiative that will invest $10 million to repair stabilized units that are empty, and turn them over to tenants with rental assistance vouchers. The pilot program is called “Unlocking Doors,” and the city will provide up to $25,000 for needed repairs...
Feature
March 24, 2023
The city commits funds to fight source-of-income discrimination.