Int. No. 1722-A
By the Speaker (Council Member Mark-Viverito) and Council Members Constantinides, Menchaca, Kallos, Ferreras-Copeland and Miller
A Local Law to amend the administrative code of the city of New York, in relation to providing notice to class two property owners about registration of rent-stabilized units and housing affordability programs
Be it enacted by the Council as follows:
Section 1. Subchapter 1 of chapter 2 of title 11 of the administrative code of the city of New York is amended by adding a new section 11-140 to read as follows:
§ 11-140 Notice to class two properties. The department shall, prior to the first day of January, provide notice to owners of class two properties, as defined in subdivision 1 of section 1802 of the real property tax law, of their annual obligation to register any dwelling units within their building that are subject to rent stabilization, pursuant to chapter 4 of title 26, with the state division of housing and community renewal. Such notice shall also include information regarding financing programs administered by the department of housing preservation and development to facilitate affordability. Such notice shall, when practicable, be included on the property tax bill for payment of the installment of real property tax that is due and payable on the first day of January.
§ 2. This local law takes effect July 1, 2018.
ENB
LS #10704
11/8/17 5:48 PM