Last Chance: HPD Pushes Property Registration Deadline for NYC Landlords
This week we wanted to supplement our July 23, 2024 Title Tuesday and let you know that the NYC Department of Housing Preservation and Development (HPD) has extended the deadline for certain Property Owners to register their properties with HPD from September 1, 2024 to September 30, 2024 (the “New Registration Deadline”).
The new Registration Deadline was established by HPD due to internal delays in mailing out 2024 Property Registration Forms to Property Owners. The New Registration Deadline does not change the types of properties that must be registered. Specifically, Property Owners of residential buildings are still required by law to register annually with HPD if that residential property is a multiple dwelling (3+ residential units) or a private dwelling (1-2 residential units) where neither the owner nor the owner's immediate family resides in the premises. In addition to the annual filing, Building registrations must also be filed whenever ownership changes or whenever the information on a valid registration changes (i.e. new managing agent or site management). Please note that failure to timely file the registration can result in the issuance of a violation (monetary penalties can be as much as $5,000.00 depending on the type of property in question) and can also result in an impediment to the Owner’s ability to resolve other HPD violations or commencing a successful action against a tenant for nonpayment of rent. HPD Annual Registrations can be completed online.
A link to the HPD registration portal site, which also includes other relevant information regarding the registration requirements, is set forth below.
https://www.nyc.gov/site/hpd/
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