Most commercial leases are between the landlord and the commercial entity, not an individual. However, that does not mean the landlord has no recourse against individuals or, likewise, does not mean … [Read more...] about What Is a “Good Guy Guarantee”?
Blog
Renewal Leases — From a Landlord’s Perspective
Most landlords are aware of the obligation to offer a rent-stabilized tenant a renewal lease, but some may be confused about how to proceed when a tenant does not — or refuses to — sign that renewal … [Read more...] about Renewal Leases — From a Landlord’s Perspective
NYC v. Airbnb: Restrictions Apply
Recently, NYC made it a little tougher for short-term (30 days or less) rental platforms to operate. On July 18, 2018, the New York City Council unanimously approved a new short-term rental … [Read more...] about NYC v. Airbnb: Restrictions Apply
Building Owners: The Dangers of Permitting Short-Term Rentals
Building owners in New York City need to be diligent in preventing their properties from being used for short-term leasing by tenants (e.g., the use of Airbnb). Even when leases don't … [Read more...] about Building Owners: The Dangers of Permitting Short-Term Rentals
New York City Smoking Notice Law — Comply by August 28, 2018
The deadline for compliance with the new New York City Local Law is upon us. By August 28th, 2018, New York City building owners with more than three (3) class A dwellings are required to comply with … [Read more...] about New York City Smoking Notice Law — Comply by August 28, 2018
NYC Expands Definition of Landlord Harassment
New York City's Housing Maintenance Code has always had a broad definition of owner harassment. That definition includes repeated acts or admissions that substantially interfere or disturb the comfort … [Read more...] about NYC Expands Definition of Landlord Harassment
Are the Legal Rents in Your Building Lawful?
Whether you’ve just gone through the due diligence process following the purchase of a building, or have been a building owner for years, I always suggest extensively reviewing a building’s legal rent … [Read more...] about Are the Legal Rents in Your Building Lawful?
What’s a Rent Deposit Order?
An RPAPL §745(2) Order, commonly called a rent deposit order, is an order from the Housing Court in a summary proceeding which orders the tenant or occupant to pay rent or use and occupancy. The law … [Read more...] about What’s a Rent Deposit Order?
Entering into a Joint Will in New York
Joint wills are valid in New York. That said, are they the best estate planning tool for a couple to utilize? Ultimately that decision is the couple's decision to make. One problem with a joint … [Read more...] about Entering into a Joint Will in New York
Legal Possession of an Apartment Sealed by the NYPD After the Death of the Tenant
Many landlords in New York have found themselves in a predicament when a tenant dies in an apartment and the New York City Police Department have sealed the apartment. If a landlord’s agent asks the … [Read more...] about Legal Possession of an Apartment Sealed by the NYPD After the Death of the Tenant