Effective Oct. 16, 2025, a new provision of New York’s Real Property Law (RPL) prohibits residential landlords from charging tenants a fee for a dishonored rent check in excess of the actual costs or fees incurred by the landlord as a result of the check being dishonored for insufficient funds.
Owners should prepare for another increase in water and sewer charges, although the proposed hike for Fiscal Year 2026 is smaller than in recent years. The Department of Environmental Protection (DEP) has put forward a 3.7 percent increase, which, if approved by the NYC Water Board, would go into effect on July 1, 2025.
These reports provide insight into the economic pressures facing both tenants and property owners and are key to understanding the rationale behind proposed rent adjustments. We highlight the findings.
New recommendations focus on ways to address the needs of tenants living in buildings with the most chronic and severe heat issues. These options include using the 7A program, relaunching the Neighborhood Pillars program, and passing Intro. 1063-2024 of the Housing Rescue and Resident Protection Act.
