New York City Council Header
File #: Res 0479-2014    Version: * Name: Establishing a property tax credit for Class 2 cooperative and condominium buildings that are designated safe after a Façade Inspection Safety Program inspection.
Type: Resolution Status: Filed (End of Session)
Committee: Committee on Finance
On agenda: 11/25/2014
Enactment date: Law number:
Title: Resolution calling upon the New York State Legislature to introduce and pass, and the Governor to sign, legislation establishing a property tax credit for Class 2 cooperative and condominium buildings that are designated safe after a Fa?ade Inspection Safety Program inspection.
Sponsors: Paul A. Vallone, Vincent J. Gentile, Eric A. Ulrich
Council Member Sponsors: 3
Res. No. 479
 
 
Resolution calling upon the New York State Legislature to introduce and pass, and the Governor to sign, legislation establishing a property tax credit for Class 2 cooperative and condominium buildings that are designated safe after a Façade Inspection Safety Program inspection.
 
 
By Council Members Vallone, Gentile and Ulrich
 
Whereas, Local Law 11 of 1998 requires all buildings in New York City that are greater than six stories to have a Qualified Exterior Wall Inspector ("QEWI") inspect all exterior walls and appurtences of the building, except exterior walls less than twelve inches from an adjacent building, at least once every five years to make sure they are safe and in good repair; and
Whereas, The inspection process, commonly referred to as "Local Law 11 inspections" has been officially renamed the "Façade Inspection and Safety Program" ("FISP") by the City's Department of Buildings ("DOB"); and
Whereas, The FISP inspection covers all the exterior façades and appurtenances of the building, including any balconies, fire escapes, parapets, window casings, and railings; and
Whereas, At least one of the façades, that is representative of the building's other exterior walls, must have a hands-on inspection from a scaffold or other observation platform, while the remaining façades may be inspected visually, typically through the use of high-powered binoculars; and
Whereas, After the QEWI has concluded the FISP inspection, he or she must file a technical façade report with the DOB detailing the results of the inspection; and
Whereas, The results of the inspection could either be: 1) Safe - which indicates that the façade has no problems and is in good condition; 2) Safe With a Repair and Maintenance Program - which indicates that the façade is safe, but requires repairs or maintenance; or 3) Unsafe - which indicates that the façade has problems or defects that could pose a threat to public safety; and
Whereas, Because the inspections require the construction of scaffolding or observation platform, the services of QEWI's who must be licensed architects or engineers, and the drafting of a detailed technical report, among other things, the inspections are extremely expensive and can cost thousands of dollars or more; and
Whereas, In Class 2 condominium and cooperative buildings, these costs are generally passed on directly to the homeowners through increased maintenance fees or special assessments; and
Whereas, Buildings are required to undertake these costly façade inspections every five years even if they are diligent in safely maintaining their exteriors, thereby increasing the likelihood that the FISP inspection will result in a Safe rating; and
Whereas, The buildings, and in the case of Class 2 condominiums and cooperatives, the individual homeowners, whose façades are deemed Safe after the FISP inspection should not have to bear the burden of the costly inspection process; now, therefore, be it
Resolved, That the Council of the City of New York calls upon the New York State Legislature to introduce and pass, and the Governor to sign, legislation establishing a property tax credit for Class 2 cooperative and condominium buildings that are designated Safe after a Façade Inspection Safety Program inspection.
 
RC 10-24-2014
LS 2662