Lobby/Vestibule Renovations Don't Qualify for MCI Rent Hikes
Landlord applied to the DHCR for MCI rent hikes. The DRA ruled in part for landlord, granting an increase for building entrance doors but disallowing claimed costs related to new stone...
Building service employees missed out on over $140,000 in pay.
NYC Comptroller’s Bureau of Labor Law recently filed lawsuits against divisions of Planned Companies for failure to pay prevailing wage and supplemental benefits to building service employees at two 421-a...
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...
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...
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...
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...
