Q: Is my permit at risk of being revoked because of LL160?

JA:  Yes. Local Law 160 of 2017 states that the DOB will now revoke active permits for buildings whose owners owe $25,000 or more in covered arrears to the City.  The DOB will also deny new permits for building owners who fit this criterion.

There are several notable exceptions to the law, including the following:

• The applicant submits a certification from the DOF that binding agreements requiring payment of all covered arrears owed by the property owners are in place and that the owners are in compliance with this agreement.
• The requested permit is necessary to correct an outstanding code violation that the commissioner deems necessary for public health and safety.
• The permit is requested for a portion of a property that is occupied by a tenant who is not responsible for the covered arrears with respect to the property.
• The permit is requested for a dwelling unit within a property that is owned by a condominium or held by a shareholder of a cooperative corporation under a proprietary lease and the owners of the unit do not owe a collective $25,000 or more in covered arrears to the city.
• The permit is requested for a property that was the subject of an in-rem foreclosure judgment in favor of the city and was consequently transferred to a third party.
• The permit is requested for a property that is the subject of a court order in a case brought by the Department of Housing Preservation and Development.
• The permit is requested for a property that is the subject of a loan provided by or through the Department of Housing Preservation and Development or the New York City Housing Development Corporation for the purpose of rehabilitation.
• The permit is necessary for participation in a program that involves rehabilitation of the property as deemed by the Department of Housing Preservation and Development or the New York City Housing Development Corporation.

For more information about how LL160 can affect your permit status you can read our blog on the topic.