Management Basics
October 21, 2015
The Division of Housing and Community Renewal (DHCR) recently announced a cut in this year’s air-conditioner rent surcharge for owners who pay for electricity. It set the monthly surcharge at $28.94, down from $36.63 last year. This year’s decrease reflects the 4.69 percent decrease in...
In the News
October 21, 2015
Mayor Bill de Blasio’s administration intends to spend $1 million on ads to promote the unprecedented rent freeze enacted in June by the Rent Guidelines Board for New York’s rent-regulated tenants. The city will pay for ads on the subway, in newspapers, on the radio, and online. The...
In the News
October 21, 2015
Rent-stabilized tenants of an East Village apartment building recently submitted audio and video recordings to housing court depicting the owner’s agents as engaging in a campaign of harassment to force them out. The evidence is part of a months-long dispute at the building between the...
In the News
October 21, 2015
The massive Stuyvesant Town apartment complex is prepped for sale, five years after its owners defaulted on the mortgage. CWCapital Asset Management, which is currently in charge of the property, is looking to sell. A sale of Stuyvesant Town, home to about 30,000 New Yorkers, would end the...
Landlord v. Tenant
October 21, 2015
Rent Reduction Denied: No Rent Reduction Where Elevators in Service on Inspection Date
Tenant complained of a reduction in building-wide services. She claimed that there was limited or no elevator service at the building. The DRA ruled against tenant after inspection showed that the two building...
Feature
September 22, 2015
Suppose you’ve agreed to the pass-on of a rent-stabilized apartment to a tenant’s family member after the tenant has died or moved out. For example, you may choose not to fight the pass-on in court because the family member has a strong case that he or she is entitled to pass-on rights...
Management Basics
September 22, 2015
You may have a tenant holding on to two rent-regulated apartments in your building, but he lives in only one of them. For example, a tenant may once have rented two apartments to meet the needs of a large family. But now the tenant’s children are grown and gone, and the tenant no longer uses...
In the News
September 22, 2015
The Independent Budget Office (IBO) recently released a study that found that nearly a quarter of New York City apartments were rented at a preferential rent or at a rate lower than the maximum allowed under law in 2013. Specifically, using apartment registration data from the DHCR, the IBO found...
In the News
September 22, 2015
As part of the Department of Buildings technology enhancements outlined in its Building One City plan, the DOB recently announced a forthcoming online tool named “Inspection Ready.” According to the DOB, this tool will dramatically simplify compliance and reduce wait times when...
Landlord v. Tenant
September 22, 2015
Rent Overcharge: Four-Year Rule Applied to Overcharge Claim
(Decision submitted by David B. Cabrera of the Manhattan law firm of Borah, Goldstein, Altschuler, Nahins & Goidel, P.C., attorneys for the landlord.)