{"id":2255,"date":"2018-03-06T16:12:01","date_gmt":"2018-03-06T16:12:01","guid":{"rendered":"https:\/\/www.jackjaffa.com\/?p=2255"},"modified":"2019-04-17T02:00:35","modified_gmt":"2019-04-17T02:00:35","slug":"need-know-ecb-penalties-increase","status":"publish","type":"post","link":"https:\/\/www.jackjaffa.com\/need-know-ecb-penalties-increase\/","title":{"rendered":"What you need to know about the ECB Penalties Increase"},"content":{"rendered":"
Violation issues and their ensuing penalties are the nightmare of any landlord. Aside from being forced to navigate court hearings and a bureaucratic maze, pushing off a repair, delaying the re-installation of a fixture that was destroyed or deemed inoperable, or neglecting to attend to a structural fallout can mean paying tens of thousands of dollars in fines.<\/p>\n
Every year, the DOB meets to discuss proposed increases to the ECB penalty schedule. As you\u2019ve probably heard, this year, quite a lot of penalties will be increasing.<\/p>\n
While these increase should have you worried, at least you can be assured that as always Jaffa is here to help you navigate these changes and to break down what exactly you need to know about the latest NYC compliance code changes.<\/p>\n
What\u2019s Changing?<\/strong><\/p>\n There are lots of penalties scheduled to increase this year. Several of them will even double in amount \u2013 or more. Here are some you should know about:<\/p>\n \u2022 Many Aggravated I default penalties are jumping to $25,000. Believe it or not, some fines are actually decreasing. The most significant reduction that will affect you as a landlord is the Class 1 infractions for failing to install luminous egress\/photo-luminescent exit path markings in a high rise building. While maximum amounts aren\u2019t changing, first-timers and Aggravated I offenders will see a nearly 50% decrease in fine amounts.<\/p>\n
\n\u2022 Some new infractions have been introduced, primarily effecting construction equipment.
\n\u2022 The Class 1 infraction 28-304.1 \u2013 failure to maintain an elevator or conveying system will see a huge jump for standard penalty, increasing from $1,000 to $12,500.<\/p>\n