Bill > A00836

This bill amends the Emergency Tenant Protection Act of 1974 and the New York City Administrative Code to impose a $2,000 fine per unregistered housing unit on property owners who fail to file a proper or timely annual rent registration statement. The bill also clarifies that a landlord cannot be subject to treble damages solely for failing to file a proper or timely registration statement. Instead, the legal regulated rent for determining overcharges will be based on the most recent annual registration statement filed, and the $2,000 fine will be payable to the State Division of Housing and Community Renewal.