Belkin · Burden · Goldman, LLP

Up-Zoning: Land Use and Zoning Law Updates – July 2024 Edition We are excited to bring you some of the latest updates on zoning regulations in NYC that could impact your property. 🏙️ NYC Zoning Revamped — “City of Yes for Economic Opportunity” NYC Council approved phase 2 of Mayor Eric Adam’s “City of Yes” initiative to modernize zoning regulations, providing businesses with more flexibility. Key Changes: • Expanded business operations in industrial areas • Removed time limits for non-conforming commercial uses • Increased types of businesses in homes/mixed-use buildings • Relaxed restrictions on entertainment in restaurants 📜 New Use Groups: • Reduced from 18 to 10 • Use Group VI: Retail and Services • Use Group VII: Offices and Laboratories • Use Group X: Production Uses 🗓️ Important Deadline – New Permanent Outdoor Dining in NYC Eligible restaurants must apply by August 3, 2024, for permanent outdoor dining permits. Compliance with new design requirements is due by November 1, 2024. For more detailed information or questions about how these changes affect your property, click the link and/or contact your BBG attorney. Detailed Newsletter: https://bit.ly/3Sw6kAl. #ZoningUpdates #NYC #LandUse #BBGLaw

DHCR has issued updated renewal lease forms for use under the newly released RGB Order #56. 📅 🔹 Effective Dates: All rent-stabilized leases commencing between October 1, 2024, and September 30, 2025, fall under this order. 🔹 Rent Adjustments: The new guidelines authorize the following rent adjustments: New York City: 1-Year Lease: 2.75% 2-Year Lease: 5.25% For assistance with completing the updated renewal lease form or preparing a rent-stabilized vacancy lease in accordance with RGB Order #56, reach out to your BBG attorney of record. 🔗 Click the link for more information: https://bit.ly/3WpfrUE. #RGBOrder56 #RentStabilization #LeaseUpdates #NYCRealEstate #BBGLLP

In its latest fiasco, the NYC City Council proposes mandatory cooling and dehumidification of apartments. Has the Council shown any empirical data or study as to the cost of this proposal, the environmental impact of this proposal, how mandatory minimum cooling will be monitored where it is the tenant that controls the AC units, how this proposal interfaces with rent stabilization, how the proposal will strain the electric grid, how the proposal is to be implemented in the city’s aging housing stock (which may not be able to accommodate the new mandate) or any of the other myriad issues that this proposal would create if implemented? OF COURSE NOT! It’s so much easier to politically pander without any actual analysis as to the costs and real world ramifications. @belkinburdengoldman LLP #housing #airconditioning

In its latest fiasco, the NYC City Council proposes mandatory cooling and dehumidification of apartments. Has the Council shown any empirical data or study as to the cost of this proposal, the environmental impact of this proposal, how mandatory minimum cooling will be monitored where it is the tenant that controls the AC units, how this proposal interfaces with rent stabilization, how the proposal will strain the electric grid, how the proposal is to be implemented in the city’s aging housing stock (which may not be able to accommodate the new mandate) or any of the other myriad issues that this proposal would create if implemented? OF COURSE NOT! It’s so much easier to politically pander without any actual analysis as to the costs and real world ramifications. @belkinburdengoldman LLP #housing #airconditioning

📢 Attention Loft Law Building Owners! 🏢 July is here, and it's time to renew your registrations with the Loft Board. Make sure to sign your registration renewal invoice and pay the $500 fee per residential IMD unit by July 31st. Late fees start at $25 per unit for July and $5 per unit for each following month. Failure to register can lead to hefty fines: $7,500 for one year, $15,000 for two years, and $25,000 for three or more years. Check your registration packet for all residential IMD unit details. If there are discrepancies, especially with recent sales of rights, contact us immediately. For more information, click here: https://bit.ly/46gJAKg. #LoftLaw #BuildingOwners #RegistrationReminder

🎉 We are excited to announce that attorney, Ryan Matthews, has joined our Administrative Law Department! Ryan has considerable knowledge advising clients on the complex issues of rent-regulated and affordable housing programs in New York City. With significant litigation experience on behalf of property owners, he will be a valuable addition to our firm. Ryan received his undergraduate degree from Western Connecticut State University and his law degree from St. John's University School of Law. Welcome to BBG, Ryan! 🌟 #AdministrativeLaw #RealEstateLaw #NYCRealEstate #NewHire #Welcome

📢 The Summer 2024 Edition of the Quarterly BBG Real Estate Law Update is now available! Get the latest insights by clicking here: https://bit.ly/4cBO294 📰 Here's what you'll find inside this exciting edition: ✅ Good Cause Eviction ✅ The Next Generation of NYC Tax Incentives ✅ From Beyond the Grave ✅ Celebrating Robert Holland ✅ Recap of Our Succesful Good Cause Eviction Seminars ✅ Owner Defeats Rent-Controlled Tenant's "Excusable Absence" Defense Premised on COVID-19 Pandemic ✅ Challenge to Decades-Old Deregulation of Former Rent-Controlled Apartment is Upheld by Court of Appeals ✅ The Requirement of "Commercial Reasonableness" in Foreclosing on Co-op Shares ✅ An Opportunity to Increase Rents and Recoup Capital Costs - Budget Bill Amends IAI Rent Increase Rules ✅ BBG Proudly Supports Community Initiatives ✅ BBG Continues to Expand and Welcomes New Hires ✅ Recent Transactions of Note ✅ BBG In The News ✅ Co-op/Condo Corner Stay informed with the latest developments in #realestate, #NYC, and #legal matters by joining our mailing list on our website. 💼🏢📚

Belkin · Burden · Goldman, LLP recently achieved two major victories at the Appellate Term, First Department. 💼 Case 1: Reversal of Housing Court's Stay Decision: The Appellate Term unanimously overturned the lower court decisions, stating that the Housing Court could address the tenant's absence. David Skaller, Magda L. Cruz, and Michael Nesheiwat led the appeal. 💼 Case 2: Expansion of Non-Primary Residence Discovery Scope: The court ruled that landlords can thoroughly investigate the tenant’s defense, even considering Covid-19 claims. This case, handled by Sherwin Belkin, David Skaller, Magda L. Cruz, and Daniel Phillips, sets a significant precedent. For more details, click here: https://bit.ly/3zxcERr . #BBG #LegalVictory #Appellate #HousingCourt #RealEstate #NYCLaw

On June 13, 2024, DHCR issued Operational Bulletin 2024-1: “Rent Registration Filing Deadlines and Penalties for Delinquent Registrations.” This is in response to Chapter 760 of the Laws of 2023, effective December 22, 2023. Key Points: 🏢 Initial Registrations: File within 90 days of rent stabilization. 📅 Annual Registrations: File by July 31st each year. 💸 New Penalties: $500 per unregistered unit, per month. Given the steep penalties, it is important to ensure your DHCR registrations are up-to-date. For more information, click here: https://bit.ly/3L6w8z9. #DHCR #RentRegistration #BuildingOwners #Compliance #RealEstate #NewYorkHousing #BBG #NYC