Landlord’s association challenged the Rent Guidelines Board’s 2016 decision to authorize a zero percent increase for one year leases. On June 27, 2016, the New York City Rent Guidelines Board promulgated the annual guidelines for rent adjustments for rent stabilized apartments. The Board allowed no increase in rent for one year renewal leases and a two percent increase for two year renewals.
Search Results for: Lease
Appellate Department Affirms $20,000 Fine for Astoria Landing Sign in Residential District
New owner relied on error by Buildings which had erroneously issued permit for sign in residential district. Beginning in 1941 the owner of a 4-story apartment building located at 24-59 32nd Street in Astoria, Queens, allowed a sign to be painted on the south wall of the building. In 1961 the City adopted an amendment to the zoning resolution which prohibited signs in residential districts including the district covering 24-59 32d Street. Non-conforming signs then … <Read More>
Court of Appeals Blocks Willets Point Development
Legislative approval would be needed in order to build retail stores, restaurants and a movie theater on Willets West parkland. The Special Willets Point District was approved by the City Council in 2008. The rezoning was controversial; area businesses and residents were concerned over the relocation of businesses, the possibility of eminent domain, and traffic congestion. As a result, a lawsuit was filed against the City by business owners and residents but was dismissed … <Read More>
Owner Fined $1200 for SRO Use
Owner leased space to non-profit providing services under contract with the State Department of Mental Health. The current certificate of occupancy for a three story building located at 101-36 104th St., Queens, provided for three residential units, one per floor. The owner of the building leased the third floor to Promoting Specialized Care and Health, a non-profit. The non-profit, under contract with the New York State Department of Mental Health, provides assistance to individuals with … <Read More>
Tenant Waived Right to File Challenge Against Loft Board
Loft tenant filed a petition to annul a New York City Loft Board’s amended final determination that the fourth floor consisted of two separate and distinct apartment units, claiming he was the occupant of the entire floor. SMC Associates, the owner of a loft at 329 Greenwich Street, filed plans to legalize two units on the fourth floor of the building. Longtime tenant Stephen Grant challenged the legalization plan, claiming that the space on the … <Read More>
Judge Orders $8.55 M Penalty for Neglected Landmark Property; Urges Parties to Find Alternative Resolutions
Court ordered owners to secure property from demolition by neglect, authorized Landmarks to take necessary steps if owners fail to comply. The Manee-Seguine Homestead, at 509 Seguine Avenue in Staten Island, was designated an individual City landmark in 1984. The house is one of the few surviving buildings in the Borough and City likely to have been constructed before 1700, with an extension built to the original one-room house in the 18th Century. In … <Read More>