Landlords owe New York City millions: report

cash

Negligent landlords in New York owe the city $65.3 million for emergency repairs, according to a new study by the city’s Independent Budget Office.

The city started two emergency building repair programs in 2007 to correct egregious housing code violations when landlords failed to do so. This happens an average of 17,300 times a year, according to the new study.

After city agencies fix up the dilapidated buildings, they bill the landlord for the repairs, administrative fees and interest.

Since the program began, the city has posted more than $180 million in billings to landlords.

A separate 2010 study by the Independent Budget Office found the program had limited results in its first three years, affecting only a small fraction of the city’s buildings.


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