§ 22-01 Definitions.
RCNY § 22-01
Building. "Building" shall mean any residential building (including the land in the tax lot) which is owned by the City, managed by HPD and which, prior to entering City ownership, was either developed or rehabilitated through a City loan program. City. "City" shall mean the City of New York. Commissioner. "Commissioner" shall mean the Commissioner of HPD or his or her designee. Disposition. "Disposition" shall mean the sale of a Building to a Permanent Owner. Disposition Rent. "Disposition Rent" shall mean the rent established by HPD for a Building prior to its return to private ownership. HPD. "HPD" shall mean the Department of Housing Preservation and Development of the City of New York. Laws. "Laws" shall mean any and all applicable laws, ordinances, orders, rules and/or regulations. Permanent Owner. "Permanent Owner" shall mean the person or entity which shall own a Building after Disposition. Rules. "Rules" shall mean this subchapter. Tenants. "Tenants" shall mean authorized residential tenants of record. Occupants such as squatters and licensees are not Tenants.
