
30 March 2025 | 0 replies
The DOB then assesses the civil penalty based on the scope of the work.This penalty must be paid before the permit is issued.If you’ve received a Notice of Violation from ECB/OATH, your team should also prepare documentation for the OATH hearing to potentially reduce that separate fine.Step 4: Complete the Work and Schedule InspectionsOnce the permit is issued, the contractor or plumber will:Complete any required work to bring it up to codeCoordinate DOB inspections for final reviewThis applies even to completed jobs — retrofitting unpermitted work in NYC may involve minor updates or simply confirming it was done correctly.Step 5: Close the Permit + Remove the ViolationAfter passing the construction and or plumbing inspections, your expediter will:Request final sign-offObtain a Letter of Completion or updated Certificate of Occupancy (if needed)Submit all compliance documents to DOB and ECB/OATH to remove the violation from public recordsThe result: your violation is cleared, and your property is back in good standing.Why NYC Investors Should Care:Derail property sales and closingsWork without a permit violations in NYC Will block all permit approvals for future workPrevents sales, closings, refinancing or HELOCsJeopardize 1031 exchangesVoid insurance coverageTrigger fines, liens, or legal actionAnd worst of all: DOB violations don’t expire.

1 March 2025 | 2 replies
@Kim Huard ah the age old question of to sell or hold.

21 March 2025 | 9 replies
We set payment schedules in writing twice, and she had to break our written agreement and ask for another extension.

21 March 2025 | 12 replies
They take 10% for all managed construction, so this is not a favor to ask for progress inspection on a project that was behind schedule several weeks, and was a vendor from their list.

21 March 2025 | 30 replies
They take 10% for all managed construction, so this is not a favor to ask for progress inspection on a project that was behind schedule several weeks, and was a vendor from their list.

2 March 2025 | 8 replies
Not saying anything about selling or not.

8 March 2025 | 0 replies
The seller, frustrated with the process, was eager to sell quickly.Instead of seeing this as a deal breaker, the investor saw an opportunity.

14 March 2025 | 19 replies
Just remember you have to absolutely clean them as scheduled, no matter if you're sick or you're injured or there's some family obligation or emergency.

14 March 2025 | 8 replies
The key here is negotiating a good deal with the seller, including the terms (interest rate, repayment schedule, etc.) that work for both of you.Partnering with someone who has the capital but wants to be passive (or doesn’t want to deal with the property management side) could help you leverage your skills and time without needing to provide the upfront cash.