Rent increases and higher property taxes have placed added financial burdens on many people throughout New York City, but a tax program included in the state's annual budget is meant to provide some relief. The $85 million program, dubbed "Circuit Breaker," will offer...
Month: April 2014
Developer sues co-op residents over construction defect claims
About two years ago, residents of a Harlem cooperative wrote a letter drawing attention to what they claimed were construction defects in their city-subsidized building. The letter was sent to the Department of Housing Preservation and Development (HPD), and this year...
Tenants say Battery Park City apartments lack insulation
This winter was a rough one for New Yorkers, but residents of an apartment complex in Battery Park City say they were especially chilled because of the building's construction flaws. The 1,700-unit building was opened in 1986, and according to a class action lawsuit,...
Ensuring that a building’s water storage tank is up to NYC code
Thousands of buildings in New York are equipped with either rooftop or indoor water tanks. From these tanks, water is piped throughout the buildings for drinking, washing and fire suppression. According to city building codes, water storage tanks must be constructed...
‘Bait-and-switch’ in New York real estate listings?
If you've been in the market to rent or buy a residential property in New York, then you may have encountered what appears to be a so-called "ghost listing." The property is advertised online, but a phone call to the agent ends with a sales pitch for a different...