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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 from November 2022 through October 2023.
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 allergen hazards, such as mice, cockroaches, rats, and mold. And it requires safely fixing the conditions that cause these problems.
Failure to post the label by the deadline may result in a civil penalty of $1,250.
Since 2020, buildings 25,000 square feet and larger have been required to publicly post their building’s energy efficiency grade by Oct. 31. Failure to display an energy grade of each building annually, in a clearly visible location, as mandated by Local Law 33 of 2018 and Local Law 95 of 2019, will result in a DOB violation and fine.
The beginning of New York City’s eight-month-long “heat season” is coming soon, and owners must comply with the temperature requirements in NYC heat laws during the colder months. During heat season, HPD responds to all heat and hot water complaints and, if adequate heat and hot water conditions aren’t corrected, HPD will impose penalties and may contract with private companies under the Emergency Repair Program to restore services to residents. ...
The DHCR recently updated NYC Renewal Lease Form (RTP-8) to incorporate the requirements of Rent Guidelines Board Order (RGBO) #55. The RGBO applies to renewal leases for rent-stabilized apartments, beginning anytime on or after Oct. 1, 2023, through Sept. 30, 2024.
On June 21, 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) #55, 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, 2023, through Sept. 30, 2024. According to RGBO #55, you may take a 3 percent increase on a one-year lease. And two-year leases get a 2.75 percent inc...
You can’t collect a rent increase—or even apply for one—until you file.
You must file an Annual Apartment Registration application with the DHCR for every rent-stabilized apartment you own by July 31, 2023, using the DHCR’s online Owner Rent Regulation Application (ORRA) system. New York State law also requires owners to provide each tenant in occupancy with a copy of the registration as it pertains to the tenant’s unit...
The NYC Department of Finance (DOF) requires certain owners of residential properties to file the Real Property Income & Expense Statement (RPIE) every year. The DOF uses income and expense information gathered each year from this filing to value your property accurately for the upcoming tax year. The deadline to file the RPIE statement and register storefronts is June 1, 2023.
Failure to benchmark will result in a violation and a penalty of $500.
Local Law 84 (LL84) requires owners of large buildings to measure their energy and water consumption annually in a process called benchmarking. LL84 standardizes this process by requiring building owners to enter their annual energy and water use in the U.S. Environmental Protection Agency’s (EPA) online tool, ENERGY STAR Portfolio Manager, and use the tool to submit data to...
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