In the News
March 22, 2013
State and federal authorities are investigating whether several New York heating oil businesses cheated tens of thousands of customers for years, selling fuel diluted with recycled or waste oil, according to law enforcement and city officials. As part of the criminal investigation, the authorities...
In the News
March 22, 2013
Unlike previous years, starting in 2013, the annual property registration cycle will be the same for all properties that are required to register. All properties will be required to be registered annually by Sept 1.
In the News
March 22, 2013
On Feb. 27, 2013, Final Rules were published for Local Law 45 of 2012, which Mayor Bloomberg signed into law on Oct. 2, 2012. Local Law 45 emerged from the findings of a growing trend among New Yorkers to market rooms within residential apartment buildings for short-term use.
Landlord v. Tenant
March 22, 2013
DOB Violations: Landlord Improperly Stored Wood Behind Building
DOB issued a violation notice to landlord for unsafe storage of combustible materials and equipment. DOB’s inspector observed wooden planks and plywood stored at the rear yard of the building. Landlord claimed that the violation...
Rent Increases
March 11, 2013
When you apply to the Division of Housing and Community Renewal (DHCR) for a major capital improvement (MCI) rent hike, it’s likely that one or more of your tenants will challenge your right to the rent hike. Tenants may return an answer form, giving reasons why they think you’re not...
Rent Increases
March 11, 2013
You can easily spend thousands of dollars for pointing and waterproofing work. If you make this substantial expenditure with an eye toward getting a major capital improvement (MCI) rent hike, you don’t want the Division of Housing and Community Renewal (DHCR) to deny your application based on...
Feature
February 22, 2013
On Jan. 31, Mayor Bloomberg and the Mayor’s Office of Housing Recovery Operations announced a new public-private initiative to help expand mold treatment assistance in Hurricane Sandy-affected neighborhoods. Using private money raised to assist victims of Hurricane Sandy, the Mayor’s...
Management Basics
February 22, 2013
The energy used in America’s buildings is responsible for almost 8 percent of global carbon emissions and costs Americans more than $500 billion every year. Despite this enormous impact and expense, much about this energy use remains mysterious. Unlike our general awareness of the mileage-per...
In the News
February 22, 2013
On Jan. 15, the city’s Department of Finance (DOF) released the tentative property assessment roll for fiscal year 2014, the tax year beginning July 1, 2013. According to the publication, the total market value of Class 2 properties, which consist primarily of cooperatives, condominiums, and...
In the News
February 22, 2013
On Feb. 11, City Council Speaker Christine Quinn gave her final state of the city speech and, in doing so, laid out a proposal she says will make housing more affordable for New Yorkers. During her speech, she also unveiled a new study about the city’s shrinking middle class, showing that the...
