Tuesday, October 25, 2016

The End of Airbnb in NYC

On October 21, 2016 Governor Cuomo signed a bill into law that amends the New York State Multiple Dwelling Law (“NYSMDL”) and the New York City Administrative Code to prohibit the advertising of certain New York City residential rentals with lease terms of less than 30 days. Although many short-term rentals in New York City are already illegal in order to prevent dwelling units from being used as transient hotels in violation of fire and building codes and other regulations, this law makes it clear that the advertising of such rentals is also prohibited. Now that this bill has become law, those who list rentals on Airbnb and other short-term rental websites may face a fine of up to $1,000 for the first violation, $5,000 for the second violation, and $7,500 for the third violation and any subsequent violations.

In 2010, the NYSMDL was amended to ban short-term rentals with terms of less than 30 days for class A multiple dwellings, which are dwellings used as permanent residences where each dwelling is occupied by three or more independent families. A dwelling is considered a permanent residence if it is occupied by the same natural person(s) for a period of 30 consecutive days or more.

Three exceptions exist to the 30-day restriction for class A multiple dwellings rentals. First, occupants who cohabitate with boarders or lodgers are exempt because they are sharing the space in a license scenario rather than granting exclusive occupancy in a lease, which is a prerequisite  to the applicability of the prohibition on short-term rentals. Next, where the occupants live in the class A dwelling for less than 30 days, but do not pay the permanent occupants for their stay, the restriction is also inapplicable. This situation occurs frequently when friends or family members stay at the residence when the owner is not home. Finally, class A multiple dwellings explicitly do not include hotels, rooming houses, boarding houses, club houses, and school dormitories.

There are also exemptions for some Class A dwelling units that are grandfathered from the prior law. This grandfathering occurred where a Class A dwelling was constructed before a specific date and was historically and continuously used for purposes other than as permanent residences. These units were allowed to convert to Class B (which is a class that includes, but is not limited to, hotels, rooming houses, boarding houses, club houses, and college dormitories) within 2 years after the effective date of the 2010 law if the owners could obtain a Class B certificate of occupancy and complied with all of the conditions and requirements within this 2-year conversion period. However, since these conditions and requirements were quite stringent, many such dwellings did not qualify for this conversion. Furthermore, those that did not convert to Class B by 2012 have missed their opportunity.  

Despite the 2010 law, short-term rental websites such as Airbnb have proliferated, each allowing individuals to list their apartments on these websites for short periods which inherently violate the NYSMDL. Under this new law, New York legislators have stopped the proliferation of these advertisements in their tracks.

The NYSMDL only applies to cities with populations of 325,000 or more. Realistically, this means that NYSMDL only applies to New York City, since it is the only city in the state with  a population of 325,000 or more. This new law essentially marks the end of short-term listings on Airbnb in New York City. In the war against short-term rentals that operate as illegal hotels, New York legislators has won its latest battle.

Monday, October 10, 2016

Litigation Associate | Career Opportunity | Lieb at Law, P.C. is Hiring

*NYC Attorneys that want to relocate to suffolk county / hamptons*

We are looking to hire an attorney who is a sharp and dynamic leader to join our litigation practice group. We are a collaborative firm that leverages cutting edge technology and tangible fact-driven support to win cases. The ideal attorney has a fresh approach, thinks outside-the-box and does not cut corners. Our firm motto is 'no case; no statute; no talk'. This means that fluff will not get anyone very far at Lieb at Law. Specific practice field experience is not as relevant to us as finding the best match for our team (i.e., ambition and competence surpasses years in the industry).

Depending on the level of expertise, the role will either support or lead cases inclusive of real estate litigation, real estate brokerage litigation, title disputes, contractual litigation, premises liability, ownership disputes, personal injury, fair housing / discrimination, estate litigation and more. Seasoned attorneys will engage in oral arguments, depositions, arbitrations, mediations, trials, and appeals.

Our clients span across the New York Metro area and the Hamptons inclusive of major corporate accounts, high net worth individuals, small businesses, and more.

The firm offers an environment that supports personal and professional growth without micromanagement or dogmatic resistance to fresh and innovative ideas. Driven attorneys who prove their competency are quickly rewarded with increased responsibilities and opportunities beyond that offered for similarly experienced attorneys at larger firms. Competence trumps experience and career growth is limited only by an attorney’s own ability, ambition and desire to learn, evolve and earn career "wows".  Partner Track is preferred.

Compensation is commensurate with competency. (benefits included)

Cover Letter and Resumes to careers@liebatlaw.com or  http://tinyurl.com/liebatlawjob


About Lieb at Law, P.C.

Lieb at Law, P.C. services the New York Metro area inclusive of the Hamptons and NYC with a practice focus on real estate and corporate litigation and compliance. Lieb attorneys train and write articles on the latest case law, statutes and industry practices affecting real estate professionals. The firm also offers legal services in related fields like real estate brokerage, fair housing / discrimination, mortgage foreclosure, business / entrepreneurship, ownership disputes and more. Lieb at Law also provides a full range of legal services for landlords such as: Ownership Entity Structuring; Lease Drafting & Negotiation; Fair Housing and Discrimination Training & Litigation Defense; Pet Policies & House Rules; Evictions; Property Damage Litigation & Security Deposit Disputes; Rental Permits & Municipal Compliance; Land Use and Development; and Property Management Training & Operations Structuring.

Lieb at Law's mission is to serve as an indispensable strategic advisor to our clients, helping to minimize risk while maximizing profitability, and aggressively litigate with leading solutions. The firms transactional team ensures that contractual language is driven by qualitative data from the litigation field. Lieb at Laws work product is a derivative of embracing education and technology. Lieb at Law is fully committed to our technology-based collaborative approach and believes that this operational model drives our success.

Beyond utilizing legal research platforms to enable immediate access to the most recent case law and publications, the firm's systems include cloud-based file and time management software with additional proprietary programs. As a result, Lieb Attorneys have instantaneous access to client records anywhere, even on their smartphones in court and at closings.

This profile is attorney advertising. Prior results do not guarantee a similar outcome

Wednesday, October 05, 2016

Andrew Lieb Esq. and Dennis Valet, Esq. have been named NY Metro Rising Stars 2016 from Super Lawyers

Lieb at Law, P.C.  is thrilled to announce that Andrew Lieb, Esq. and Dennis Valet Esq. have been named NY Metro Rising Stars 2016 from Super Lawyers.

They are featured in The Annual List of Top Attorneys from Super Lawyers. 

Summer’s Over: How to Prepare Your Home for Next Year

With the summer season over, East End landlords are in the process of retaking possession of their homes. Beyond perhaps a few beach trips, it’s the time of year when landlords need to assess the extent that their tenants damaged their summer homes and to hire contractors to make the requisite repairs and improvements to those properties in order for them to be ready for next year’s crop of tenants. However, the damage is not the end of the headache.
Instead, incident to getting those repairs done many landlords will end up fighting with contractors over fees, which can be an all-consuming experience because of the ever-present threat of a mechanics’ lien. Pursuant to the New York State Lien Law, a mechanics’ lien is a type of security instrument in real estate available to a “[a] contractor, subcontractor, laborer, materialman, landscape gardener, nurseryman … who performs labor or furnishes materials for the improvement of real property with the consent or at the request of the owner,” which must be filed within 4 months (8 months in commercial) of the last date such labor or materials were provided at a residential project. 
Andrew Lieb, Esq. shares the top 5 facts about mechanics’ liens that every homeowner should understand on Dan's Papers. Click here to read the full article. 

Monday, October 03, 2016

Continuing Education Requirements for New York Licensed Real Estate Brokers and Salespersons

New York Real Estate Salespersons and Brokers are regulated by the Department of State, New York (DOS) and are required to complete 22.5 Continuing Education credits within a 2 year license renewal period.  License renewal dates can be found on the New York State Real Estate License (look for license expiration date). 

As of 01/01/2017, Licensed NY Real Estate Salespersons and Brokers must take the following Continuing Education courses in their renewal cycle:

  • 3 Hours of instruction pertaining to Fair Housing and/or Discrimination in the sale or rental of real property or an interest of real property
  • 2 Hours of Agency Disclosure for the initial two-year licensing term and at least 1 hour of Agency Disclosure in subsequent renewal cycles. 
If you are grandfathered in, the new continuing education requirements do not apply.  

  • Draw your attention to this paragraph "The provisions of this paragraph shall not apply to any licensed real estate broker who is engaged full time in the real estate business  and who has been licensed under this article prior to July first, two thousand eight for at least fifteen consecutive years immediately preceding such renewal."

In addition to the New York State Continuing Education requirements, member's of the National Association of REALTORS® are required to complete ethics training of not less than 2 hours, 30 minutes of instructional time within four-year cycles. The training must meet specific learning objectives and criteria established by the National Association of REALTORS®. The current cycle will end Dec. 31, 2016. 

Lieb School offers a license renewal package that satisfies ALL of the requirements above. 

Or you can purchase individual courses here: