Online Alerts

Reminder: Post Building Energy Efficiency Rating Label by Oct. 31

October 6, 2021    

Owners of buildings over 25,000 square feet – or multiple buildings on a lot that total 100,000 square feet or more – that appear on the NYC Benchmarking Covered Building List for Compliance in...

Landlord Fined $500K for Not Complying with Lead Poisoning Prevention Laws

September 22, 2021    

New York Attorney General Letitia James recently announced a settlement with a major New York City landlord. The agreement resolves an investigation conducted by the Office of the Attorney General...

New York Extends Eviction Moratorium to Jan. 15

September 8, 2021    

Since the Supreme Court blocked the CDC's eviction moratorium on Aug. 26, New York State has achieved the distinction of becoming the first state to sign a new eviction moratorium into law. The Supreme Court had previously limited New York State's tenant protections in the COVID-19...

Supreme Court Blocks Section of New York's Eviction Moratorium

August 18, 2021    

On Aug. 12, the Supreme Court granted an injunction that immediately suspended the tenant protections in the COVID-19 Emergency Eviction and Foreclosure Act, an anti-eviction law originally passed on Dec. 28, 2020, and subsequently extended. The act gave renters the opportunity to submit an...

New, Last-Minute CDC Eviction Ban Includes New York Counties

August 4, 2021    

The nationwide eviction moratorium had lapsed on Saturday, July 31. On Tuesday, Aug. 3, the CDC issued a new, more limited freeze that remains in effect for two months, until Oct. 3.

PACE Loans for Energy Retrofits Are Just Days Away

July 18, 2021    

Program will help owners comply with the Climate Mobilization Act.

By Paula Chin, Contributing Editor

Help is on the way for NYC apartment building owners worried about the high cost of retrofits that will help them reduce their buildings’ carbon emissions and...

State to Fund Hotel and Office Conversion to Low-Income Housing

July 15, 2021    

The Housing Our Neighbors With Dignity Act was recently passed by the New York State Legislature. It will allow some distressed hotels to be converted into permanent low-income housing units. Sponsored by Senate Deputy Majority Leader Michael Gianaris and Assemblymember Karines Reyes, the bill...

RGB Approves Six-Month Rent Freeze with 1.5% Hike for One-Year Leases

June 24, 2021    

On June 23, the Rent Guidelines Board (RGB) voted 5-4 to freeze stabilized rents for the first six months of one-year leases beginning on or after Oct. 1, 2021, then raise them 1.5 percent for the next six months. The RGB also voted to raise rents on two-year leases by 2.5 percent. The new rates...

OTDA Now Accepting Emergency Rental Assistance Applications

June 9, 2021    

New York State’s Office of Temporary and Disability Assistance (OTDA) recently started accepting applications for the Emergency Rental Assistance Program (ERAP). The most recent federal stimulus program has funded the program with $2.7...

OTDA's Emergency Rental Assistance Program Site Goes Live

May 19, 2021    

The Office of Temporary and Disability Assistance (OTDA) has made a new webpage live with information on the New York State rent relief program intended to prevent thousands of evictions by covering COVID-related arrears....

DOB Issues Energy Rating Label Violations, Extends Benchmarking Deadline

May 5, 2021    

The DOB recently released a service update extending the energy benchmarking compliance deadline to June 1. Typically, the deadline for submitting benchmarking data for applicable buildings is May 1. According to the service update, the extension is due to a "technological deficiency....

Judge Rules HSTPA Doesn't Prohibit Broker's Fees

April 21, 2021    

An Albany judge recently declared New York state regulators’ attempt to ban tenants from paying landlords’ broker fees an “error of law.” The decision comes more than a year after the Department of State issued guidance banning the practice. That guidance offered...