In the News
April 24, 2015
Two Brooklyn owners were arrested for intentionally wrecking apartments in order to drive tenants out of their rent-stabilized buildings. The owners, who are brothers collectively known as JBI Management, had destroyed the kitchens and bathrooms of two ground-floor apartments with a sledgehammer,...
Management Basics
April 24, 2015
Local Law 84 of 2009 requires all large buildings in the city to annually measure and publically disclose their energy consumption. LL84 standardizes this process and captures information with the U.S. Environmental Protection Agency’s (EPA) free online benchmarking tool called Portfolio...
Rent Increases
April 24, 2015
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...
Feature
March 20, 2015
The recent appointment of Carmelyn Malalis as the new chair of the NYC Commission on Human Rights (CHR) has coincided with renewed legislative interest in the Commission’s fair housing testing program. Commissioner Malalis recently testified in front of the City Council regarding Intro. 689,...
Court Watch
March 20, 2015
Back in December, an Upper West Side woman accused of earning thousands of dollars by renting her rent-controlled duplex on Airbnb was ordered to stop by a Manhattan judge. And in January of this year, apartment-sharing websites including Airbnb were taken to task by City Council members who argued...
In the News
March 20, 2015
Mayor Bill de Blasio recently appointed a new chair of the City Commission on Human Rights (CHR): Carmelyn Malalis, a partner at the law firm Outten & Golden LLP. He also appointed eight new commissioners to the agency. Ms. Malalis replaces Patricia Gatling.
“Hailing from Brooklyn to...
In the News
March 20, 2015
As the annual fight on increases nears, Mayor de Blasio has appointed three new members to the Rent Guidelines Board (RGB) that sets rents for about one million rent-stabilized apartments in the city, completing the process of filling all nine seats with his selections.
Feature
February 20, 2015
It’s difficult to keep track of the various painting requirements that apply to building owners. If you own a building with three or more apartments or own a one- or two-family building with a tenant-occupied apartment, you must comply with Sections 27-2013 and 27-2014 of the city’s...
Management Basics
February 20, 2015
On Jan. 23, the DHCR issued new fuel cost adjustment factors for rent-controlled apartments for the 2015 calendar year. The prices are based on a study of home heating oil prices provided by the NYC Rent Guidelines Board oil survey, a NYS Energy Research and Development Authority report, rate...
Management Basics
February 20, 2015
Rent-regulated apartments with a legal or maximum monthly rent that reach or exceed $2,500 as of May 1, 2015, may be petitioned for high-income rent deregulation this year. Current exceptions to luxury deregulation are buildings currently receiving J-51 or 421-a tax benefits and rent-controlled...
