Monetary Increase for Failing to File the RPIE

Adopted Rules: Closed to Comments

Effective Date: 
Friday, July 12, 2019
Download Copy of Adopted Rule (.pdf): 

This rule amendment increases the monetary penalties for failure to file income and expense statements set forth in Chapter 33 of Title 19 of the Rules of the City of New York by establishing a higher penalty amount for owners of income-producing property who fail to file a required income and expense statement for three consecutive years .