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A00565 Summary:

BILL NOA00565
 
SAME ASNo Same As
 
SPONSORLentol
 
COSPNSRMarkey, Colton, Brennan, Rosenthal
 
MLTSPNSRAubry, Cook, Dinowitz, Glick, Hikind, Perry
 
Add SS28-103.25 & 28-201.5, NYC Ad Cd
 
Requires developers to deposit a portion of the total estimated project cost into an escrow account for damage caused to neighboring properties during construction; provides that any work on a project shall be stopped until repairs are made on the adjoining property; provides that the New York city department of buildings shall develop a procedure whereby individuals who suffer damage as a result of the construction may be reimbursed within a period of sixty days.
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