City Council seeks to ramp up oversight of vacant property

Landlords could face new fines on a weekly basis

TRD New York /
Jan.January 30, 2019 02:30 PM

A vacant lot (Credit: iStock)

Six proposed bills seek to ramp up oversight of vacant property in the city, including one that would charge landlords weekly fines.

One of the proposed City Council measures would require landlords to annually register their land — once it’s sat vacant for a year — with the city. Those who fail to do so face fines of up to $500 per week, Curbed reported.

“Vacant properties are troublesome for our communities they bring down property values and they attract crime or create health hazards,” said Council member Robert Cornegy, Jr., chair of the council’s committee on housing and buildings. “They’re properties that can be used for housing for low-income families, as community gardens, or as playgrounds.”

This isn’t the first time that the city has targeted vacant properties. In November 2017, the de Blasio administration released an update to its affordable housing program that included a proposal to reclassify residential-zoned vacant land to increase tax bills for such properties and to “incentivize owners to make their sites productive.”

A representative for the Department of Housing and Preservation noted that relying on landlords to self-report may lead to unreliable data. [Curbed] — Kathryn Brenzel


Related Articles

arrow_forward_ios
Softbank CEO Masayoshi Son (Credit: Getty Images)

SoftBank’s $3B payout to WeWork’s investors is delayed

John Legere (Credit: Getty Images)

WeWork reportedly in talks to hire T-Mobile exec as CEO

(Credit: iStock)

Small Talk: Every community meeting. About every development project. Ever.

An example of roll-off waste management (Credit: YouTube, iStock)

A win for big building owners in trash-collection fight

Duke Long and Poshtel International CEO Morten Lund

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

From left: Pavel Fuks, Michael Cohen, Felix Sater, and Donald Trump (Credit: Getty Images and Wikipedia)

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

Rodrigo Niño (Credit: Prodigy Network and iStock)

Embattled Prodigy Network CEO Rodrigo Niño to step down

arrow_forward_ios