Fine Schedule

Adopted Rules: Closed to Comments

Agency:
Effective Date: 
Wednesday, September 11, 2013
Keywords:
Download Copy of Adopted Rule (.pdf): 

 

Statement of Basis and Purpose

 

On June 21, 2010, the New York State Legislature amended § 282 of the Multiple Dwelling Law to increase the maximum fine amount that the Loft Board may impose for violations of its rules from $1,000 to $17,500 per violation. The Loft Board is now proposing to amend its penalties for violations of its rules in accordance with § 282 by adding a new § 2-11.1 to Title 29 of the Rules of the City of New York.

 

The rule establishes a fine schedule for violations of the Loft Board rules under § 2-01 (Code Compliance), § 2-01.1 (Reasonable and Necessary Action), § 2-02 (Harassment), § 2-05 (Registration), § 2-07 (Sale of Improvements), and § 2-10 (Sale of Rights) of Title 29 of the Rules of the City of New York, including fines for subsequent violations. Sections 2-01.1 and 2-05 are also being amended to conform to the new fine amounts in § 2-11.1.

 

 

Proposed Rule: