Upper West Side developer must pay $540,000 dollars in settlement costs. On June 6, 2016 New York State Attorney General Eric Schneiderman announced reaching a settlement for $540,000 with 165 West 91st Street Holdings, LLC for the loss of two rent-controlled apartments in an Upper West Side building, while it was being converted into a condominium, as a result of prohibited agreements to buy-out tenancy rights. The LLC owns an apartment building at 165 … <Read More>
Search Results for: Rent Regulation
City Council Holds Rally, Public Hearing on Illegal Hotel Legislation
The proposed laws seek to enforce existing State regulations by increasing illegal hotel fines and reporting requirements. On October 30, 2015, the City Council Committee on Housing and Buildings heard testimony on three proposed laws that seek to ramp up enforcement of state laws that prohibit the operation of illegal hotels. The proposed legislation would regulate only those residential units located in multiple-dwelling buildings—not one- to four-family homes. The proposed legislation is intended to address … <Read More>
City Officials Continue Push Against Airbnb Bad Actors
Following Mayor’s appearance on Daily Show, Deputy Mayor Glen calls on release of names of bad hosts. On March 7, 2016, Deputy Mayor for Housing and Economic Development Alicia Glen requested that Airbnb provide the City with the names and addresses of the hosts illegally using its website. Deputy Mayor Glen’s letter was written in the wake Mayor Bill de Blasio’s March 3rd appearance on The Daily Show with Trevor Noah, where he discussed the … <Read More>