If you ignore the initial violation:The DOB may return and issue repeat offenses, resulting in additional ECB/OATH hearings.If those hearings are also ignored, the violations go into default status, triggering maximum fines.Over time, daily interest and late fees accrue on the unpaid penalties.These unpaid debts are transferred to the NYC Department of Finance.Eventually, they are handed to collection attorneys — and can result in a lien against the property.This is why these violations can’t be ignored.

As a result, they are are improperly using owner’s rental fees to fund daily operations.  

I like doing re-mods (free exercise) so I plan to continue to some extent.

There are daily Zoom calls on multiple different subjects. 

Again all it takes is one.I am not claiming these are daily.  

They think it's unfair because they only shower once a week but can hear the upstairs neighbor showering twice daily.

If you look daily in the same area for an extended amount of time you start to get an idea of the values of the product you are seeking.

Taking the time to step away from daily operations and immerse in a learning-focused environment is an investment that pays dividends in knowledge, efficiency, and industry leadership.For those who have never attended a NARPM conference, I highly recommend making it a priority in the future.

As a reminder, we run a daily "Pace Report" for all of our properties combined, and each individually, which shows how they are booking compared to this exact date one year ago. 

I’ll exercise the utmost discretion and confidentiality and I’m happy to share my prognosis with you, for what it’s worth.