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As May 1 approaches, owners face a dense lineup of compliance deadlines tied to the city’s push for safer, greener buildings. Four separate local laws, some newly in force and others ongoing, all share the same due date. This year marks the first mandatory reporting date under Local Law 97, the city’s sweeping climate legislation targeting building emissions. At the same time, owners must meet existing requirements under Local Laws 84 and 88, including energy benchmarki...
New monthly surcharges take effect immediately, and the state housing agency will apply them in all currently pending cases in which the owner is seeking a surcharge for one of these tenant-installed appliances. It’s important to note that the surcharge policy applies only to washing machines, dryers, and dishwashers. No surcharges can be imposed for other tenant-installed appliances such as refrigerators or garbage disposals.
NYC’s climate law mandates that buildings of 25,000 square feet or larger comply with stringent guidelines aimed at reducing greenhouse gas emissions. By putting limits on buildings’ carbon usage, Local Law 97’s intent is to help achieve zero carbon emissions for the city by 2050. According to DOB, the law covers close to 50,000 buildings across the city, and those buildings...
DSNY proposes new garbage rules for small building owners.
On July 8, the NYC Department of Sanitation (DSNY) proposed rules that mandate residential buildings with under 10 units to use specific garbage containers starting this fall. The rules are likely to be adopted as written as Mayor Adams and Sanitation Commissioner Jessica Tisch have already unveiled NYC’s first official trash bins and have announced DSNY’s proposed r...
On June 17, the NYC Rent Guidelines Board (RGB) voted to raise rents on rent-stabilized apartments. In a 5 to 4 vote, the RGB adopted guidelines for Rent Guideline Board Order (RGBO) #56, which sets the rent increases you may take for rent-stabilized tenants in New York City on leases beginning anytime on or after Oct. 1, 2024, through Sept. 30, 2025.