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Recently, a falling air conditioner hit a Manhattan woman walking on the sidewalk, splitting open part of her leg, cutting her elbow, and scraping and bruising her arm. She was walking with her boyfriend when she said something hit her on the head.
The Article 8A Loan Program run by HPD provides rehabilitation loans to correct substandard or unsanitary conditions and to prolong the useful life of multiple dwellings in New York City. Rehabilitation is generally limited to the upgrading or replacement of major building systems with an emphasis on energy items. In general, loans cannot exceed the actual cost of rehabilitation. Loans are available in amounts of up to $35,...
The growing social networking site, LandlordsNY, is giving New York owners and managers free access to a variety of tools, resources, and services, including the ability to send questions to top industry experts, search for and get quotes from qualified vendors, and share information and advice. The Insider contributes information weekly to the site and offers LandlordsNY members discounts on its sister publications, Apartment Management Checklist and ...
An eccentric investor who hoarded expensive clothes, exquisite silverware, and pricey paperweights in a two-bedroom rent-stabilized apartment allegedly left behind $18 million when he died last year. However, according to court documents, the details of his fortune's whereabouts are buried under piles of paperwork and boxes in his locked-up cluttered apartment.
Despite his wealth, the tenant chose to live in a rent-stabilized apartment on Park Avenue and...
City Councilwoman Margaret Chin (D-Manhattan) plans to introduce a resolution urging the state to bring a larger swath of the city's elderly into the Senior Citizen Rent Increase Exemption, or SCRIE, program, which offers landlords a property tax abatement in exchange for freezing the rents of qualifying tenants.
Almost a quarter of the city's million rent-regulated apartments had three or more maintenance problems, according to a new report looking at housing conditions in New York by city Comptroller Scott Stringer. This information was based on Census data. Staten Island had the highest-quality rent-stabilized housing stock, followed by Queens, Manhattan, Brooklyn, and the Bronx.
The NYU Furman Center recently released a report that examines the challenges of retrofitting New York City’s multifamily housing stock against future climate threats. The report, entitled "The Price of Resilience: Can Multifamily Housing Afford to Adapt?" was the culmination of collaboration with government officials, architects, engineers, and housing policy experts.
New York State Attorney General Eric Schneiderman recently moved to dismiss a class action suit seeking to overturn existing city and state property tax laws, which the plaintiffs contend is racially discriminatory. The class action suit was filed in February and seeks to overturn a property tax system that’s widely acknowledged to benefit single-family homeowners in wealthy neighborhoods at the expense of homeowners in less wealthy ones. It also benefits homeowne...
An owner is under investigation for allegedly using illegal tactics to force rent-stabilized tenants out of his properties. State Attorney General Eric Schneiderman launched the investigation following complaints about the behavior of the owner's company, Steven Croman Realty.
Recently, a planned separate entrance for residents of low-income units in a luxury housing development on the Upper West Side was approved, and claims of modern-day segregation followed shortly after. Now, the de Blasio administration hopes to change a 2009 zoning code, enacted under former Mayor Michael Bloomberg, that allowed for divided housing.
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