Source: http://rules.cityofnewyork.us/agency/nyclb-0
Timestamp: 2017-12-18 16:54:23
Document Index: 545004910

Matched Legal Cases: ['§ 1', '§ 281', '§ 282', '§ 281', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 281', '§ 286', '§ 281', '§ 2']

NYCLB | NYC Rules
Accordingly, the changes to Loft Board § 1-06.1 are as follows:
· A tenant coverage application or the initial registration application form for coverage by a building owner must be filed on or before March 11, 2014, the date 6 months following the effective date of this rule.
In 2013, the Legislature further amended the Loft Law to expand the definition of an interim multiple dwelling (“IMD”) provided in MDL § 281(5) (effective June 1, 2012). The Legislature set new deadlines for this newest group of IMDs, including a new code compliance timetable. Many of these deadlines, which are covered in other Loft Board rules, are triggered by the effective date of this rule.
Read more about Coverage Application
Please see the NYCLB website for the complete text of the adopted rule.
Pursuant to § 282 of Article 7-C of the MDL (“Loft Law”), the Loft Board may promulgate rules to ensure compliance with the Loft Law. Effective as of June 21, 2010, the Legislature enacted Chapters 135 and 147 of the Laws of 2010, which amended the Loft Law.
To ensure the Loft Board rules are aligned with the recent amendments to the Loft Law, the amended rule:
· Adds provisions addressing when units covered by the Loft Law pursuant to MDL § 281(5) may be exempted from rent regulation after a sale of improvements.
· Amends the service and proof of service requirements for an application challenging a proposed sale of improvements.
· Directs the reader to the Loft Board’s new fine schedule for penalties that may be imposed for an owner’s failure to file a sales record form with the Loft Board.
· Removes provisions governing sales of improvements that occurred prior to March 23, 1985.
· Adds headings and re-orders the subdivisions of the rule into a more coherent section.
NEW YORK CITY LOFT BOARD REORGANIZATION OF SECTION 2-07, SALE OF IMPROVEMENTS
New Subdivision Designation
§ 2-07(a)
§ 2-07(b)
Notice: Form and Time Requirements
§ 2-07(f)
§ 2-07(c)
Modifications on Consent, Change of Address
§ 2-07(h) (renamed Deadline Extensions on
Consent and Change of Address)
§ 2-07(d)
§ 2-07(g)(3)
§ 2-07(e)
Sales not Subject or Partially Subject to These Regulations
§ 2-07(b)(2)
§ 2-07(f)(1)
§ 2-07(b)(1)
§ 2-07(f)(2)
Offers to Sell to Prospective Tenant
§ 2-07(f)(3)
Owner’s Response to Offer & Proposed Tenant
§ 2-07(f)(4)
Acceptance of Prospective Tenant through Owner’s Consent to Tenant’s Purchase or Owner’s Failure to Respond
§ 2-07(d)(3)
§ 2-07(f)(5)
Owner’s Purchase of Improvements
§ 2-07(d)(4)
§ 2-07(g)(1)
Challenges to Proposed Sales of Improvements – Procedures
§ 2-07(g)(2)
§ 2-07(h)
Sales which Occurred Prior to Effective Date of these Regulations
§ 2-07(i)
Fair Market Value of Improvements; Hard Exemptions, Vacate Orders, Owner Occupancy
§ 2-07(j)
No Change in location but renamed to “Filing the Sales Record with the Loft Board”
Read more about Sales of Improvements
The changes conform § 2-09 of the Loft Board’s rules to the amended Loft Law, by extending the rule’s requirements to buildings covered pursuant to the newly added MDL § 281(5), and clarifying the existing provisions regarding subletting rights, privity with the owner, the right to recover subdivided space, and sale of improvements.
To summarize, the amended rule:
(a) Updates the definition of an occupant qualified for possession of a residential unit and protection under Article 7-C;
Read more about Occupant qualified for Article 7C
MDL § 286(12) allows a residential occupant to sell his or her Loft Law rights to the owner. These rule amendments address the procedures for a sale of rights, as applied to residential occupants of units covered under the Loft Law including occupants covered pursuant to MDL § 281(5).
· Direct the reader to the Loft Board’s fine schedule in § 2-11.1 for civil penalties that may be imposed for failure to timely file a Sales Record form.
· Provide that the estate of a residential occupant entitled to protection will be an affected party in an abandonment application.
Read more about Sales of Rights