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What is NYC AC § 26-705?

Quick Answer

This section mandates that the offeror must post and maintain a list of all recorded violations against buildings involved in a conversion plan, as determined by the Department of Buildings and the Department of Housing Preservation and Development. Applies to offerors of buildings undergoing conversion plans.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 26-705 Posting of violations.

AC § 26-705

The offeror, not later than the thirtieth day following the acceptance of a plan for filing by the state department of law pursuant to section three hundred fifty-two-eeee of the general business law and until the closing of the conversion pursuant to such plan, shall post and maintain in a prominent place, accessible to all tenants in each building covered by the plan, a listing of all violations of record against such buildings as determined by the department of buildings and the department of housing preservation and development. All newly issued violations shall be posted within fortyeight hours of their issuance and maintained as described above. The offeror may satisfy the requirements of this section by designating an agent on the premises with whom such listing shall be made available for inspection by the tenants.

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