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S00991 Summary:

BILL NOS00991
 
SAME ASSAME AS UNI. A00706
 
SPONSORMONTGOMERY
 
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.
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