Here are 3 violations issued by NYC to the Farragut Gardens Condominium at 538 East 86th Street in Brooklyn, because of short term rental violations. In that condo, just 1 unit was short term renting.
The NYC Office of Special Enforcement is issuing violations to condominiums and cooperatives because of short term rentals. Indeed, NYC is warning property managers, owners and hosts that:
Violations of Short Term Rental Restrictions like the ones below will be issued to property owners including condos, coops and other community associations, and that property owners must “ensure their properties are maintained in a safe and code-compliant manner at all times.”
NYC’s position, affirmed by the Courts, is that lack of knowledge by the condo or coop is not a defense.
If condos and coops are proactive by registering their rental restrictions publicly with Know Your Rental™, they will have some mitigation evidence in response to violations like this. Registration should be a part of a building’s compliance effort. Know Your Rental™ (https://knowyourrental.org/why-kyr/) is an inexpensive way towards fulfilling a condos or coops short term rental compliance responsibility; particularly when thousands of dollars in fines could be issued which are not covered by insurance.
