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S02273 Summary:
| BILL NO | S02273 |
| SAME AS | SAME AS A01413 |
| SPONSOR | MONTGOMERY |
| COSPNSR | |
| MLTSPNSR | |
| Add SS28-103.23 & 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. | |