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New policy speeds MBR's.

New Policy speeds MBR's

The New York State Division of Housing and Community Renewal has agreed to accept 1992-93 violation certifications from owners who have had no new violations since their 1990-91 Maximum Base Rent orders, without additional proof.

Dan Margulies, executive director of Community Improvement Program (CHIP) said the policy could save 3,000 owners the paperwork involved explaining work done in apartments years ago, but never officially removed from building violation records. "Instead of putting together letters from tenants, affidavits from workmen, bills, architects and engineers reports, etc., the owner should simply advise DHCR that the list of violations for Jan. 1, 1991 to be corrected is identical to the list of violations recorded January 1, 1989 and checked by DHCR in the last cycle."

"We asked DHCR for this policy so neither owners or rent examiners would have to waste time reproducing or reviewing everything they did two years ago," Margulies said. "Given the terrible inaccuracy of old violation records, this lets everyone concentrate on more recent problems that may still need correction," he added.
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Title Annotation:maximum base rents
Publication:Real Estate Weekly
Article Type:Brief Article
Date:Oct 9, 1991
Previous Article:Phase V 100% occupied at Edison Square Office.
Next Article:Rebound seen for domestic markets by mid-'92.

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