Among the many legal changes that were incorporated into the Housing Stability and Tenant Protection Act (HSTPA) of 2019, are a series of new rules affecting the collection of security deposits and advance rent payments made by residential tenants. The new rules do not apply to commercial tenancies.» Read More
A common problem plaguing condominium boards is how to motivate delinquent unit owners to pay the arrears in their common charges.
When unit owners fall behind on their common charge obligations, the shortfall could mean that the condominium has trouble meeting its operating expenses.» Read More
Despite the significant amount of negative publicity generated due to the use of vacation rental sites such as Airbnb and VRBO, short-term rentals continue to be a significant problem in the city of New York. New laws designed to curtail such rentals have worked to a limited extent, but have not come close to stopping this illegal activity altogether.» Read More