Feature, Management Basics, New Laws & Regs, Rent Increases, Court Watch, Violations

File Boiler Report with DOB by Dec. 31

November 21, 2011    

This year has been the first full year of implementation of the new boiler inspection rules. The new rules were signed into law in April 2010, and were fully implemented in May 2010. They pertain to low-pressure boiler inspections, filing requirements, penalties, and waivers. The 2011 inspection...

Take Four Steps When Dealing with a Tenant Hoarder

November 21, 2011    

Owners and managers frequently receive a variety of complaints about their tenants' conduct. At some point, it's likely that you may field allegations about intolerable odors from a particular apartment, or about apartment conditions that create a breeding ground for insects, or give...

DHCR Hikes Air-Conditioner Rent Surcharge for 2011-12

October 24, 2011    

The Division of Housing and Community Renewal (DHCR) has just announced an increase in this year's air-conditioner rent surcharge for owners who pay for electricity. It set the monthly surcharge at $29.13, up from $26.83 last year. This year's increase reflects higher electricity costs...

How to Handle Rent-Stabilized Tenants Who Ignore Renewal Offers

October 24, 2011    

When a nonregulated tenant's lease expires, an owner is under no legal obligation to renew it, unless the lease itself gives the tenant a renewal option. The situation is very different though for rent-stabilized tenants. Generally, as long as the rent is paid, you must offer renewal leases...

Stay Vigilant to Minimize Heat and Hot Water Complaints

September 26, 2011    

Heating season is fast approaching, and we want to remind you of the temperatures you are legally required to maintain. Heat and hot water complaints probably will be the most common type of service complaint you will deal with this winter. According to statistics compiled by the Department of...

Brush Up on What's Required When Painting Apartments

September 26, 2011    

If a rent-regulated tenant complains to the Division of Housing and Community Renewal (DHCR) about painting problems, such as peeling paint, in his apartment, you could get hit with a DHCR rent cut for reduced services.

How to Evaluate Succession Rights Claims to Rent-Regulated Apartments

September 22, 2011    

When the tenant of a rent-controlled or rent-stabilized apartment dies or moves out, there's often someone still living in the apartment who claims to have “pass-on” or succession rights to it because he or she is the tenant's relative or has a family-type relationship with...

Follow Six Dos & Don'ts When Renting to Students

August 22, 2011    

By John M. Fredericks

With the new school year approaching, more college-age students will be searching for housing in the New York City area. Campus housing is scarce in the city, and owners who provide housing for students are often rewarded with a steady stream of quality...

New Federal Law Requires Adverse Action Notices to Include Credit Scores

July 18, 2011    

The federal Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 requires users of consumer reports, beginning on July 21, 2011, to also provide credit scores to prospective tenants if the score was used in taking adverse or unfavorable action against the tenant. Adverse action...

State Legislators Extend City's Rent Laws, Expand Tenant Protections

July 18, 2011    

On June 24, 2011, New York State legislators passed new rent regulations codified in Chapter 97 of the Laws of 2011 (S-5856). Amid a push by Assembly Democrats and Gov. Andrew Cuomo to expand the law, the new laws call for a four-year extension of the existing regulations as well as changes that...

How to Prompt Tenants to Give Access for MCI Projects

June 20, 2011    

If you're planning a major capital improvement (MCI) in your building this summer, you may need access to a tenant's apartment to get the job done. For example, you may be installing new windows in the building, and to finish this project you'll need access to each apartment so that...

NYC Raids Illegal Hotels as New Law Takes Effect

June 20, 2011    

On July 23, 2010, Governor David A. Paterson signed into law a bill prohibiting transient use in any “class A” multiple dwelling building. The law became effective on May 1, 2011, and it was created to crack down on “illegal hotels” that have proliferated throughout New...