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

File Annual Drinking Water Storage Tank Inspection Results with DOHMH by Jan. 15

November 30, 2022    

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...

DHCR Increases Air-Conditioner Rent Surcharge for 2022–23

October 25, 2022    

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...

DOB Releases Proposed Local Law 97 Compliance Regulations

October 25, 2022    

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...

DSNY Proposes New Trash Collection Rules

October 25, 2022    

The New York City Department of Sanitation (DSNY) recently announced the opening of the public comment period for new proposed rules regarding when to put out garbage for collection. The aim of the new rules is to reduce the number of hours trash and recycling will sit on New York City sidewalks...

DHCR Proposes Significant Amendments to Rent Stabilization Code

September 12, 2022    

On Aug. 31, the DHCR issued a notice of public hearing on proposed amendments to the Rent Stabilization Code. These proposed amendments have been in the works for two and a half years and would be the first update since 2014 to the Rent Stabilization Code, which governs roughly 1 million rent-...

Post Updated Energy Grades for Large Buildings by Oct. 31

September 12, 2022    

Similar to the Department of Health grades for restaurants, a building’s energy efficiency grade is a letter grade that must be posted by Oct. 31 if you own or manage an applicable building. Local Law 33 of 2018, as amended by Local Law 95 of 2019, requires all large building owners...

What You Need to Know for the 2022–23 "Heat Season"

September 12, 2022    

The beginning of New York City’s eight-month-long “heat season” is around the corner, and owners must meet temperature requirements to ensure apartments have heat and hot water during the colder months. During heat season, HPD responds to all heat and hot water complaints and,...

6 Tips When Planning for Intense Storms

August 18, 2022    

The city releases a rainfall plan to help combat extreme weather.

 

Keep Log of Door and Lock Repairs to Boost Safety, Reduce Liability

August 18, 2022    

If a staff member or tenant reports that a door or lock at a building or unit entrance is broken, you may think you can wait until morning or even a few days to repair this condition. But that would be a mistake. Any delay leaves tenants at risk and increases the likelihood of your being held...

More Eviction Cases Restarting While Tenants Await ERAP Determinations

August 18, 2022    

New York’s Emergency Rental Assistance Program states that pending applications to the primarily federally funded program pause all eviction proceedings, as long as the tenant is not found to be causing a persistent nuisance. New York is among several states to pause cases at least...

What Owners Need to Know About NYC Security Deposit Laws

July 28, 2022    

The rules apply to all tenants, not just rent-regulated ones.

 

A security deposit is money a tenant deposits with the building owner that protects the owner if the tenant stops paying rent, skips out early on the lease, or damages the apartment. In New York, security...

DHCR Issues Updated Renewal Lease Form

July 28, 2022    

The DHCR has modified the NYC Renewal Lease Form (RTP-8) to incorporate the requirements of Rent Guidelines Board Order #54. With the latest order, the city’s Rent Guidelines Board voted to allow you to take a 3.25 percent increase on one-year renewal leases and a 5 percent increase on two...