Online Alerts

NYC Sues Owner for Illegal Airbnb Hotels

February 1, 2018    

The mayor’s Office of Special Enforcement is bringing a lawsuit against an owner who turned rent-stabilized apartments in his four-story Manhattan walk-up into illegal hotels via Airbnb and other platforms. In September 2017, officials found “illegal hotel use” in six out of...

Class Action Lawsuit Filed Against Owner for Illegal Deregulation

February 1, 2018    

A new class action lawsuit was recently filed against Steve Croman, who is serving jail time for mortgage and tax fraud. The complaint alleges that Croman wrongfully removed nearly 70 percent of the units at 326-340 East 100th Street from New York’s rent stabilization program. At the same...

Cited Owner Won’t Complete Emergency Repairs by Deadline

February 1, 2018    

The DOB recently imposed an emergency vacate order after conducting a court-ordered inspection of a building on the Lower East Side. The DOB required the property owner to replace an unstable staircase within two weeks. This sudden evacuation, which displaced nearly 100 people, including 17...

DOB Invites Comments on Proposed Buildings Penalty Schedule Update

January 3, 2018    

The Department of Buildings (DOB) is proposing to update the Buildings Penalty Schedule to reflect the current construction environment, and to better ensure public safety. The last major overhaul of the Buildings Penalty Schedule occurred in 2008.

The DOB will hold a public hearing on...

Owner to Pay $8M in Tenant-Harassment Suit

January 3, 2018    

Attorney General Schneiderman recently announced that Steve Croman, a major multifamily owner who is serving a prison sentence for mortgage fraud, agreed to pay $8 million in restitution to tenants he harassed. An independent manager will run more than 100 of Croman’s properties, and...

Recent Bronx Fires Reminds Owners of Fire Safety Plan’s Importance

January 3, 2018    

The recent tragic fire that spread through a Bronx apartment building claiming the lives of 12 people including five children has been deemed New York City’s deadliest since 87 people were killed at a Bronx club in 1990. According to reports, the flames spread quickly from a ground-floor...

City Council Approves East Harlem Rezoning

December 6, 2017    

The City Council recently approved the rezoning of East Harlem, the third neighborhood to be rezoned under the mandatory inclusionary housing program (MIH). To get the rezoning plan passed, the council modified it to align more closely to the community-based planning vision and evaluated the...

City Council Passes Bill to Create Speculation Watch List

December 6, 2017    

The City Council recently unanimously voted on the “Predatory Equity Bill,” which will create a watch list of rent-regulated buildings where tenants are potentially vulnerable to investors who may want to kick them out. The legislation requires HPD to compile a “Speculation...

City Council Passes ‘Certification of No Harassment’ Legislation

December 6, 2017    

The City Council recently passed a bill implementing a new tenant protection policy. The “Certification of No Harassment” (CONH) legislation requires covered building owners seeking to demolish or make significant alterations to their building to prove they have not engaged in...

City Comptroller Promotes Program to Help Tenants Lift Credit Scores

November 1, 2017    

Scott Stringer, New York City comptroller, recently issued a report encouraging owners and property management companies to give tenants the ability to opt in to reporting their rent payments as a way to boost their credit scores. Looking at a sampling of tenants paying less than $2,000 a month...

Judge Greenlights Plan to Take Control of Owner’s Buildings for Illegal Airbnb Activity

November 1, 2017    

A state appellate court recently approved the city’s plan to take over an owner’s properties after he allegedly failed to prevent his tenants from “Airbnb-ing” their apartments. In August, a Manhattan Supreme Court judge found the owner of several Midtown rental buildings...

Mayor Announces Plans to Preserve Remaining Mitchell-Lama Developments

November 1, 2017    

Mayor Bill de Blasio recently announced a new Mitchell-Lama Reinvestment Program. Nearly 20,000 of the city-supervised co-ops and rentals in New York City’s Mitchell-Lama buildings have left the program since 1989. The new program, with an initial infusion of $250 million, will target more...