Feature Articles

How to Implement RGBO #53 Rent Increases

July 22, 2021    

On June 23, the Rent Guidelines Board voted to freeze existing rents for six months before increasing rates by 1.5 percent for the remaining half of the year for one-year leases. The RGB also voted to raise rents on two-year leases by 2.5 percent. The new rates take effect for leases commencing...

OTDA Updates ERA Program FAQs, Clarifies Roommate Eligibility

July 22, 2021    

On June 1, nearly two months after lawmakers first created the $2.4 billion rental relief fund, the state Office of Temporary and Disability Assistance (OTDA) launched the online application portal allowing tenants and landlords to apply for rental assistance. At the time, OTDA said applications...

HPD Proposes New Definition for ‘Lead-Based Paint’

July 22, 2021    

To implement Local Law 66 of 2019, HPD has proposed a rule amending the definitions of lead-based paint. Local Law 66 of 2019 outlined new lead reference or action levels and standards relating to lead-based paint hazards.

City Council Passes Legislation for OATH-ECB Amnesty Program

July 22, 2021    

If you’re eligible, the program will waive a percentage of your penalties and clear your violations.

 

The New York City Council recently passed Local Law 81 of 2021 to establish a temporary program to resolve outstanding judgments imposed by the Environmental Control...

What Owners Need to Know About the Rent Assistance Program

June 21, 2021    

Here’s how to avoid processing delays.

 

The application portal for New York’s Emergency Rental Assistance Program (ERAP) has finally opened. As of June 1, eligible tenants and landlords can apply for rental assistance to help them get back on their feet. Many...

File 2021 Rent Registrations Online by July 31

June 21, 2021    

You must file an Annual Apartment Registration application with the DHCR for every rent-stabilized apartment you own by July 31, 2021, using the DHCR’s online Owner Rent Regulation Application (ORRA) system. New York State law also requires owners to provide each tenant in occupancy with a...

How to Comply with HPD's Heat Sensors Program

May 20, 2021    

Enforcement is strict, and penalties for violations are steep.

 

RGB Likely to Extend Rent Freeze for One-Year Leases

May 20, 2021    

On May 5, in a preliminary vote, the Rent Guidelines Board (RGB) voted 5 to 4 to consider freezing rents on one-year leases or letting owners raise them up to 2 percent. If the RGB votes to keep rents as is for another year, it would effectively extend the rent freeze RGB approved last summer....

Data Privacy Bill Targets Buildings with Keyless Entry Systems

May 20, 2021    

On April 29, the New York City Council passed the Tenant Data Privacy Act (TDPA) that would require owners of "smart access" buildings that use keyless entry systems to provide tenants with a data retention and privacy policy.

Local Law 33: Post Building Energy Efficiency Labels to Avoid Violations

May 20, 2021    

The DOB recently announced that as of April 29, it will issue violations to owners of buildings that appear on the NYC Benchmarking Covered Buildings List who fail to post an Energy Efficiency Rating Label as required by Local Law 33 of 2018. The penalty for failure to display the building...

RGB Kicks Off Annual Rent Increase Decision Process

April 23, 2021    

The Rent Guidelines Board (RGB) recently started its annual process for examining and considering lease renewal guidelines in the coming year. This is the one decision of the RGB that has the greatest impact on owners since the board’s decision with regard to rent renewal increases affects...

Distribute Notice of Disability Accommodation Rights to Tenants

April 23, 2021    

On March 25, 2021, Governor Cuomo signed Chapter 82 of the Laws of 2021, enacting a new provision codified as Executive Law §170d. This statute requires the New York State Division of Human Rights to issue regulations requiring housing providers “to provide notice to all tenants and...