In relation to the sale of tax liens and tax lien foreclosure by action in rem and the collection of annual rent stabilization fees
NYC L.L. 2001/036
in effectL.L. 2001/036
Enactment date: 6/18/2001
Int. No. 928-A
By Council Member Berman (by request of the Mayor)
A Local Law to amend the administrative code of the city of New York, in relation to the sale of tax liens and tax lien foreclosure by action in rem and the collection of annual rent stabilization fees.
Be it enacted by the Council as follows:
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[Consolidated provisions are not included in this Appendix A]
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§ 7. Notwithstanding any provision of section 26-517.1 of the administrative code of the city of New York to the contrary:
(a) The owner of each housing accommodation registered pursuant to section 26-517 of such code who has failed to pay the annual rent stabilization fee imposed by subdivision a of such section 26-517.1 for any year or years from nineteen hundred eighty-four to nineteen hundred ninety-eight shall not be liable for payment of any interest imposed thereon pursuant to such section provided that such owner shall pay in full any and all unpaid annual fees due and owing for any such year or years within ninety days of a notice demanding payment pursuant to subdivision b of this section, provided, further, that where the commissioner determines that an owner has timely paid the annual fee for each year from nineteen hundred ninety-three to nineteen hundred ninety-eight for which such owner was liable, the annual fee for each year prior to nineteen hundred ninety-three shall be deemed paid;
(b) Where, pursuant to paragraph one of subdivision b of such section 26-517.1, the city, prior to the date of the enactment of this local law, has provided an owner a written notice requesting payment of any unpaid annual fee or fees for any year or years from nineteen hundred eighty-four to nineteen hundred ninety-eight and any interest thereon within sixty days from the date of such notice, and such payment has not been received as of the date of the enactment of this local law, the city shall provide a second written notice setting forth the amount of the fee or fees and any interest thereon due and owing and a demand for payment, and such second notice shall demand payment within ninety days thereof;
(c) The commissioner of finance is authorized to promulgate any rules, including rules establishing a method for determining whether any rent stabilization fee imposed by subdivision a of section 26-517.1 of such code for any year or years from nineteen hundred eighty-four to nineteen hundred ninety-eight has been paid, that he or she deems necessary to implement the provisions of this section and to ensure that the determination and collection of any such fee paid or to be paid by an owner is administered in a manner that the commissioner deems to be reasonable.
§ 8. This local law shall take effect immediately, provided, however, that if this local law shall have become a law subsequent to October 31, 2001, the effective date of sections one through five of this local law shall be retroactive to and deemed to have been in full force and effect as of November 1, 2001.
Source: City of New York, Charter, Administrative Code and Rules (American Legal Publishing XML export, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/newyorkcity/latest/NYCadmin/0-0-0-212970Fetched: 10/25/2026