News

Congressman Jerrold Nadler (NY-10) has issued the following press release following the introduction of the Disaster Assistance Equity Act for common interest communities including cooperatives and condominiums

Congressman Jerrold Nadler (NY-10) has issued the following press release following the introduction of the Disaster Assistance Equity Act for common interest communities including cooperatives and condominiums

Washington, D.C. – Today, Congressman Jerrold Nadler (NY-10) introduced H.R. 5337, the Disaster Assistance Equity Act, along with Representatives David Rouzer (NC-7), Joe Cunningham (SC-1), Lee Zeldin (NY-1), Eliot Engel (NY-16), and Peter King (NY-2). This bipartisan legislation will ensure that common interest communities, including co-ops and condominiums, are eligible for the same FEMA assistance available to other homeowners.

The bill accomplishes this by making two key changes to the Robert T. Stafford Disaster Relief Act:

  • Makes essential common elements of a common interest community (such as a roof, exterior wall, heating and cooling equipment, elevator, stairwell, utility access, plumbing, and electricity) eligible under FEMA’s Federal Assistance to Individuals and Households Program;
  • Makes common interest communities eligible under FEMA’s requirements for the removal of debris in the aftermath of a major disaster.

“Seven years ago, thousands of New Yorkers and other Americans were shocked to learn that FEMA’s eligibility rules left them with no way of restoring their homes in the aftermath of Superstorm Sandy,” said Congressman Jerrold Nadler. “Since that time, common interest communities across the country have faced similar hardships. This is simply unacceptable. A natural disaster doesn’t care what type of home you live in, and FEMA should treat all homeowners equally. I am proud to join Representatives Rouzer, Cunningham, Zeldin, Engel, and King in re-introducing this critical bill, which will ensure that every American can rebuild their home after a natural disaster.”

Full press release

NYARM, THE NEW YORK ASSOCIATION OF REALTY MANAGERS INVITES CNYC BUILDING BOARD MEMBERS AS NO COST $0 GUESTS ON:

NYARM, THE NEW YORK ASSOCIATION OF REALTY MANAGERS INVITES CNYC BUILDING BOARD MEMBERS AS NO COST $0 GUESTS ON:

Wednesday Sept 25th 6:30 to 8pm at the law offices of Gallet Dreyer & Berkey, LLP 845 3rd Avenue, 5th Floor “The Effect of Rent Law Amendments and Other Issues on Building Valuations in the World of Finance” How your multifamily mortgage loan applications and other refinancing opportunities are affected: Loan Underwriting, Appraisal Issues, Construction and Rehab Lending and more. Seminar content specific to building: owners, boards and, property/building managers of both coop & rental buildings.

Presented by: Jay L. Hack, Esq., https://www.gdblaw.com/jay-hack Partner at Gallet Dreyer & Berkey, LLP and the former Chair, Business Law Section, NYS Bar Association. Mr. Hack’s primary practice focus is providing a full range of legal services to banks and other financial institutions.

He will be joined by real estate law practitioners from GDBLAW. Both alcohol and nonalcoholic refreshments will be served along with other light refreshments.

RSVP is required and NYARM MEMBERS also come at no charge, Space is limited. Contact NYARM Executive Director, Margie Russell mrussell@nyarm.com with your: name, phone#, title and, building address.

LEAD IN DUST STANDARDS – NEW REQUIREMENTS

LEAD IN DUST STANDARDS – NEW REQUIREMENTS

The New York City Department of Health and Mental Hygiene (“DOHMH” or “the Department”) is writing to inform you that effective June 11th, NYC will have new lower lead in dust standards.  Local Law 66 of 2019 outlines new lead reference/action levels and standards relating to lead-based paint hazards.

The new standards for lead dust clearance and lead dust hazard risk assessment testing in New York City are as follows:

Area Current Standards New Standards
Floors 40 mcg/ft2 10 mcg/ ft2
Window Sills 250 mcg/ft2 50 mcg/ft2
Window Wells 400 mcg/ft2 100 mcg/ft2

 

The new standards apply to all clearance dust wipe samples collected in New York City on or after June 11, 2019. Please see the attached document for more important information.

Should you have any questions about the above requirements, please email questions to the DOHMH’s Healthy Homes Program at safework@health.nyc.gov referencing “New lead in dust standards.”  Please also provide your name and phone number with your inquiry.

BUILDINGSNY: A 2-DAY EXPO AT THE JAVITS CENTER

BUILDINGSNY: A 2-DAY EXPO  AT THE JAVITS CENTER

For over 30 years BuildingsNY has been the leading event for NYC building professionals, bringing together 5,500+ industry professionals including Building Owners, Property Managers, Facility Engineers, Managing Agents, Energy Engineers and Superintendents.

BuildingsNY offers you the opportunity to discover state-of-the-art technologies, goods and services to help reduce costs, grow your business, operate efficiently & unlock your property’s profitability.

Click for More Information

Veterans Benefit Fair – Nov. 14

Veterans Benefit Fair – Nov. 14

Come celebrate our veterans and learn about veterans benefits from:

  • Department of Veterans Services
  • Department of Finance
  • Veterans Affairs
  • Vet Center
  • Human Resources Administration
  • Mayor’s Office for People with Disabilities
  • Emerging Technologies Institute
  • VA NY Harbor Healthcare System
  • Neighborhood Housing Services
  • IRS Taxpayer Advocate Service
  • Housing Preservation and Development
  • Department for the Aging
  • LiveOn NY
  • Tenant Support Unit
  • Office of the Taxpayer Advocate
  • Minority Veterans Program Coordinators

1 Centre Street, North Mezzanine
New York, New York 10007
Wednesday, November 14, 2018, 4pm – 7pm

Click for More Information (PDF)

Coop/Condo Abatement Training – Sept. 13

Coop/Condo Abatement Training – Sept. 13

How to Renew Your Development’s
Coop/Condo Abatement

REBNY Mendik Education Center
570 Lexington Avenue, Lower Level
September 13, 10:30 A.M.

  • Learn how to submit your renewal and changes for the cooperative and condominium property tax abatement.
  • Set up an online account to submit your changes electronically.

Click for More Information (PDF)

Queens Retrofit Accelerator event – Aug 16

Queens Retrofit Accelerator event – Aug 16

The NYC Retrofit Accelerator Program is excited to host a workshop for Queens building owners and managers that will showcase services to help you save on energy and water bills! The Retrofit Accelerator, a Mayor’s Office of Sustainability initiative, makes building efficiency easier by offering free, personalized advice to help you reduce operating costs, enhance tenant comfort, and improve our environment.

The event will feature speakers from the NYC Mayor’s Office of Sustainability and our partners, National Grid, Con Edison, and DEP that offer funding opportunities to assist with energy and water efficiency improvements.

The event is open to the public and will be hosted at the Lefrak Queens Public Library, 98-30 57th Ave, Corona, NY 11368, on August 16th from 6:00 PM-7:30 PM. We hope to see you there!

Space is limited so please register to reserve your spot.

Contact information: NYC Retrofit Accelerator contact: Sarah Lorya, 646-576-5655, Sarah@nycretrofit.org

Registrationhttps://nycretrofitevent816.eventbrite.com

32 BJ Contract Agreement Reached a Week Early

32 BJ Contract Agreement Reached a Week Early

Agreement was reached on Friday afternoon, April 13, 2018 on a four year contract between Local 32BJ SEIU and the owners of residential buildings – including cooperatives and condominiums in Manhattan, Queens, Brooklyn and Staten Island where the 32BJ members work.

Agreement came after many hours and weeks of intense, but always civil discussion between the parties.

This pattern agreement includes fair wages for 32BJ members, continuation of their excellent benefit plans, and new clauses that will make employments issues more transparent and predictable and resolve issues quickly.

The negotiating teams shook hands today, obviating any concern about a strike on April 20th, when the present contract expires. But Union members now have to vote to ratify the agreement.

Details of the agreement will be provided in future notices.

Con Ed incentive program for oil to gas conversions

Con Ed incentive program for oil to gas conversions

Con Ed is beginning another incentive program for oil to gas conversions on March 1. It will operate on a first-come, first-served basis and is available to residential and commercial buildings. This program is separate from the Area Growth Zone program and is expected to enable participants to begin gas heating service by Fall 2018. See further details below.

Eligibility and Incentives

  • Residential buildings 5-100 units (up to $75,000 in incentives) currently burning oil
  • Commercial buildings and buildings with 101+ units (up to $35,000 in incentives) currently burning oil
  • A new high efficiency boiler must be installed as part of the conversion (new burners alone do not count)
  • The new service must be firm gas service, not interruptible
  • #4 oil buildings are eligible for new service lines installed in the street by Con Ed at no cost; #2 oil buildings must have adequate capacity available in the existing gas service lines

Other requirements, such as installation deadlines, apply. Interested owners should review the program application for additional details.  Owners (Cooperatives and Condominiums) interested in participating should take steps now to assess the project’s costs and ensure the building is eligible, if they have not already done so.  FREE ESTIMATES are available for any building interested in assessing its internal conversion costs.

More Information

  • Owners with questions about the program or who would like a free estimate of conversion costs should contact Jamie Kusky (KUSKYJ@coned.com) or Armando Tejeda (TEJEDAA@coned.com)

Free Financial Education Tool for Housing Co-Ops, Condos & HOAs

Free Financial Education Tool for Housing Co-Ops, Condos & HOAs

All National Cooperative Bank (NCB) customers, co-op employees and co-op members now have access to a free online financial education program to help provide a solid understanding of key financial concepts, such as savings, investing, mortgages, credit cards, credit scores, financing higher education and more.

Participants can access this free, online educational tool in the comfort of their own home. With each 10-minute segment, NCB customers, co-op employees and co-op members will be on their way to increasing their financial savvy and taking control of their future.

You can access this tool at https://atwork.everfi.net/ncb-housing