Feature Articles

Follow Five Dos & Don’ts When Tenant Denies Access for Repairs

January 26, 2018    

If a rent-regulated tenant has filed a reduced service complaint with the DHCR, you’ll need access to the tenant’s apartment to investigate the complaint and make any needed repairs. You’ll also need access to make repairs if you’re trying to get the rent restored after a...

City Council Passes Real Estate-Related Laws for 2018

January 26, 2018    

In December, in the last legislative session of 2017, the City Council passed a number of bills affecting owners. They are intended to go into effect in 2018. After a bill is passed by the City Council, it is presented to the mayor, who has 30 days to either sign the bill into law, veto the bill...

DOF Publishes FY 2019 Tentative Property Tax Assessment Roll

January 26, 2018    

On Jan. 17, the NYC Department of Finance (DOF) announced the publication of the tentative property assessment roll for fiscal year 2019. At this time, the DOF sends each owner a Notice of Property Value, which is the tentative assessment for the next fiscal year conveying the market value of...

Handling Reasonable Accommodation Requests from Tenants with Nonobvious Disabilities

December 20, 2017    

The DHCR recently revised Operational Bulletin 2016-1 to include changes or modifications made to an apartment that are reasonable modifications for a tenant with disabilities. Operational Bulleting 2016-1 provides guidance to owners and tenants of rent-stabilized apartments on how the DHCR will...

DHCR Releases Preliminary Standard Adjustment Factor for 2018–19 MBR Cycle

December 20, 2017    

The rents in rent-controlled apartments in New York City are governed by the Maximum Base Rent (MBR) system. This system is based on a mathematical formula for computing the maximum rent levels for each controlled apartment in the city. This theoretical MBR represents an approximation of the...

How to Respond to a TPU Audit or Investigation

December 11, 2017    

Owners most familiar with the DHCR’s Tenant Protection Unit (TPU) have probably received audit notices seeking either DHCR rent registration compliance for rent-stabilized buildings or proof of individual apartment improvements (IAIs) performed that resulted in significant rent hikes. The...

What to Do if SCRIE Tenant Doesn’t Renew Eligibility for Benefits

November 28, 2017    

The Senior Citizen Rent Increase Exemption (SCRIE, also known as the NYC Rent Freeze Program) freezes the rent for head-of-household seniors 62 and older who live in rent-regulated apartments. The NYC Department of Finance (DOF) administers SCRIE for rent-regulated (rent-stabilized and rent-...

DHCR Updates Fact Sheet on Preferential Rents

November 28, 2017    

The Division of Housing and Community Renewal (DHCR) recently updated Fact Sheet #40 on preferential rents and rent concessions. Fact sheets provide information to the public on rent regulation. The updated fact sheet reflects changes the Rent Act of 2015 made to vacancy allowances after a...

DHCR Clarifies 421-a Surcharges for Market-Rate Units

November 28, 2017    

Established in 1971 when NYC officials were concerned about the drop in residential construction as residents were moving to the suburbs, the 421-a tax exemption program gave developers an incentive to build on vacant land. The program offered a 10-year tax exemption for building multi-unit...

HPD Finalizes Rules Concerning Gas Leak Notices, Procedures

October 19, 2017    

HPD has officially adopted amendments to Administrative Code Section 27-2005, which governs procedures during suspected gas leaks and recordkeeping for smoke detectors and carbon monoxide alarms. As a result of adopting the amendments and finalizing the proposed rule, HPD has formally adopted...

DHCR Issues MCI Policy Statement Regarding Non-Construction Costs

October 19, 2017    

When you get a major capital improvement (MCI) performed at your building, you may have non-construction expenses such as general contractor or architect/engineer fees related to the underlying MCI project. For example, you may hire an engineer when you get your building’s parapet replaced...

DHCR Reduces Air-Conditioner Rent Surcharge for 2017-18

October 19, 2017    

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 $26.02, down 63 cents from $26.65 last year. This year’s decrease reflects the decrease in...