Dos & Don'ts, Q & A, In the News, Landlord v. Tenant

City Invests in Flood Prevention and Resiliency

September 20, 2024    

Investments of $1.2 billion are aimed at protecting New Yorkers’ lives and property.

 

 

Landlord v. Tenant: September 2024

August 24, 2024    

MAJOR CAPITAL IMPROVEMENTS

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...

Proposed Bill Would Set Maximum Apartment Temperatures During Summer

July 25, 2024    

Fines for inadequate cooling would mirror those for inadequate heating.

 

Comptroller Sues Contractor for 421-a Wage Violations

July 25, 2024    

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...

NYC Implements 485-x Housing Tax Break, 421-a Extension

June 24, 2024    

Developers can move ahead with approved developments under 421-a or reapply for 485-x.

 

 

NYC to Host First National Rat Summit

May 20, 2024    

Leaders of the rat race prepare to swap strategies.

 

 

Mayor Announces Launch of NYC's First-Ever Tenant Protection Cabinet

April 23, 2024    

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...

RGB Releases 2024 Income & Expense, Affordability, Operating Costs Reports

April 23, 2024    

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...

Landlord v. Tenant: April 2024

March 18, 2024    

MAJOR CAPITAL IMPROVEMENTS

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...

DEP Expands Enforcement Actions Against Delinquent Water Accounts

March 18, 2024    

Delinquent accounts owe a total of $124 million.

 

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...

TPU Secures $514K Settlement Against Landlord for Overcharging Rent

March 18, 2024    

Rent-regulated units were advertised as short-term rentals.

 

HPD Releases Initial Findings of 2023 Housing and Vacancy Survey

February 22, 2024    

In two years, the city’s vacancy rate has dropped from 4.54% to 1.4%.