Our Firm previously reported that owners of rent-stabilized units would soon face significant penalties for failing to register their units with the Division of Housing and Community Renewal (“DHCR”). As anticipated, DHCR has begun sending Notices of Delinquent Registrations to property owners via email. These notices highlight the urgency of addressing missing rent registrations and require immediate action to avoid significant penalties.
Key Details of the Notices of Delinquent Registrations
- Missing Registrations: Each notice specifies the year(s) for which registrations are missing.
- Action Required: Owners have 21 days from the notice date to file the necessary registrations or respond with proof that the registrations have been filed or evidence that they are not required.
- Penalties: Non-compliance will result in a Commissioner’s order imposing fines of $500 per unregistered unit for each month the registration remains outstanding.
All owners and managing agents must review the DHCR registration rent roll for each rent-stabilized building and immediately register all missing registrations. Given the potential penalties involved, we strongly recommend that property owners verify their property registrations are up-to-date.
Contact Us
BBG can assist with reviewing DHCR rent rolls to determine which units require registration and how they should be registered. If you have received a Notice of Delinquency or have any questions regarding your registration status, please reach out to your BBG attorney of record.