These 26 reforms are projected to save NYC small businesses roughly $1.5 million.
In January 2022, Mayor Adams signed Executive Order 2, “Small Business Forward,” to reform existing business regulations and ensure local businesses face fewer needless fines and...
On Jan. 4, the DHCR issued its second update to Operational Bulletin 2021-1. When the Housing Stability and Tenant Protection Act (HSTPA) was enacted, it directed the DHCR to create a schedule of reasonable costs associated with major capital improvements (MCIs). The document is updated annually...
On Jan. 18, the NYC Department of Finance (DOF) announced the publication of the tentative property assessment roll for fiscal year (FY) 2023, which shows the total market value of all New York City properties for the upcoming year at about $1.398 trillion, an increase of 8.2 percent from the...
Stove knob covers are an important fire prevention tool. The covers make stove knobs on gas-powered stoves inaccessible to children. Local Law 117, which became effective in December 2018, requires that an owner of multiple dwellings provide stove knob covers for gas-powered stoves where the...
E-bikes, e-scooters, e-mopeds, and other small electric mobility devices have experienced a surge in popularity. These devices use a small electric motor to increase the range and reduce the effort it takes to reach a destination. For example, e-bikes look and behave like traditional bicycles...
In our November 2022 issue, we covered new trash rules proposed by the NYC Department of Sanitation (DSNY) governing the time for placing solid waste and recyclable materials at the curb for collection. On Nov. 19, DSNY held a public hearing on the proposed rules. Since then, DSNY recently...
Each year, apartment building owners are required to file bedbug infestation and treatment reports with HPD. Owners must file annually between Dec. 1 and Dec. 31 for the previous year—which currently means from November 2021 through October 2022.
In New York City, Local Law 55 of 2018, the Asthma-Free Housing Act, requires that owners of buildings with three or more apartments keep their tenants’ apartments free of mold and pests. Under this law, an owner of multiple dwellings is required to inspect units annually for indoor...
New York City has a set of laws in place requiring owners of buildings that use tanks to store or pressurize the building’s drinking water to inspect and clean them at least once per year. The requirement applies to any tank used to store a building’s drinking water. If the building...
Pending bill seeks to eliminate $5 surcharge for tenant-installed A/C units.
The Division of Housing and Community Renewal (DHCR) recently announced an increase in this year’s air-conditioner rent surcharge for owners who pay for electricity. In rent-controlled or...
Owners get more climate protection law details ahead of 2024 deadline.
The DOB recently issued draft regulations to implement Local Law 97 of 2019 (LL97). In 2019, the City Council passed LL97 with ambitious goals to tackle climate change by putting carbon caps on the city...
