Search Results for: Multiple Dwelling Law

Second Circuit Upholds Ruling that Loft Tenants Have Property Rights in Bankruptcy Proceedings

Loft Law prevents using bankruptcy as a tool to circumvent housing law. In 2002, Bridge Associates of Soho, Inc. (“Bridge Associates”) acquired 99 Vandam Street in the SoHo neighborhood of Manhattan. 99 Vandam is a seven-story residential loft building that has been governed by Article 7-C of the New York Multiple Dwelling Law (“Loft Law”) since approximately 1991. Loft Law governs the conversion of manufacturing and commercial use buildings to residential use buildings. The law … <Read More>

CityLand’s Top Ten Stories of 2018

Welcome to CityLand‘s seventh annual top ten stories of the year! We have selected a range of our most popular and prominent stories, and guest commentaries concerning New York City land use in 2018. Our 2018 coverage was highlighted by articles concerning approvals for affordable housing, proposals for rezoning developments, legislation providing the right to housing counsel, and a guide on barbecuing in the city. We at CityLand are excited to continue providing in-depth … <Read More>

Balcony Ruled Not Part of Loft

Loft tenant counted terrace/balcony to reach statutory minimum of 400 square feet. David Coventry rented unit 1109 of a loft building located at 475 Kent Avenue, Brooklyn. Coventry applied for coverage and protection under the Loft Law. The owner of 475 Kent Avenue opposed, arguing that unit 1109 measured less 400 square feet, the minimum size required to be covered by the Loft Law. Coventry responded that unit 1109 would meet the 400 square foot … <Read More>

Landlord Without Certificate of Occupancy Denied Rent

Building Owner added apartments and lacked new certificate of occupancy. GVS Properties LLC owned a 10-story residential building at 600 West 161st Street in Manhattan. In 1970, GVS Properties received a certificate of occupancy that permitted 53 apartments in the building. In 2014 GVS Properties applied for a certificate of occupancy to validate alterations to the building which had increased the number of apartments to 60. Buildings refused to grant the certificate of occupancy because … <Read More>

Comptroller Report Finds Airbnb Usage Contributed to High Rent Problem

On April 2018, New York City Comptroller Scott M. Stringer issued a report on the impact of Airbnb on City rents. The report looked at how the home-sharing company impacted rent in the City over the period of 2009 to 2016. The report found that rental rates increases during this time period can be attributed to Airbnb.