BILL NO | A00706 |
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SAME AS | SAME AS UNI. S00991
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SPONSOR | Lentol (MS) |
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COSPNSR | Markey, Millman, Jacobs, Colton, Brennan, Rosenthal |
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MLTSPNSR | Aubry, Cook, Dinowitz, Glick, Hikind, Perry, Pheffer |
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Add SS28-103.23 & 28-201.5, NYC Ad Cd |
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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. |