September 27, 2024

Episode 058 – NYC Local Law 152: Navigating the Past, Present and Future

52 minutes

In this special episode of Realty Speak, the tables are turned as I step in as a guest on Inside R&E, the podcast from the real estate law firm Rosenberg & Estis, P.C., hosted by Justin Weitzman.

Justin and I dive into the critical topic of Local Law 152 – Periodic Inspection of Gas Piping Systems, focusing on what Coop and Condo Boards, building owners, and property managers need to know during the second 4-year compliance cycle, which began on January 1, 2024.

We explore the fundamentals of the law, how to effectively prepare for inspections and the common challenges that stakeholders face along the way.

I also offer key insights on upcoming legislative changes that will impact which inspection observations may no longer pose issues, as well as how buildings with commercial spaces could see an expanded scope in their inspections.

Click HERE to watch “Everything you need to know about Local Law 152” on the Inside R&E Podcast on YouTube.

LINKS MENTIONED DURING THE EPISODE:

NYC Links

NYC Buildings Official Local Law 152 DOB Website Page

NYC Buildings Official Local Law 152 FAQs Page

NYC Department of City Planning’s Community District Profiles

Requests for Due Date Extensions to Complete Gas Piping Inspections

To Query the DOB regarding Local Law 152 use this email – [email protected]

NY City Council Int 0429-2024

2024 10-16 (Changed from 10/8) Committee on Housing and Buildings Hearing for Int 0429-2024

KeepMyGas Links

KeepMyGas Home Page

What’s New With LL152 Page

Look Up Year Due by your address.

Get a Quote for a LL152 Inspection

Link to the Anthos Home Episode I mentioned, “Rental Voucher Renaissance: Empowering Owners – Supporting Tenants”.

https://realtyspeak.nyc/episode-051-rental-voucher-renaissance-empowering-owners-supporting-tenants/

All Realty Speak Episodes are featured HERE on my website, SPOTIFY, Apple Podcasts and all the Android podcast apps.

To Reach Justin:

Justin S. Weitzman, Counsel, Litigation Department, Rosenberg & Estis, P.C.

[email protected]

212-551-1261

https://www.rosenbergestis.com/attorney/justin-s-weitzman/

https://www.linkedin.com/in/justin-weitzman-8b82209/

To Reach Bill:

As always – Bill, the host of Realty Speak, is ready to be a resource to you when you finance, sell or purchase investment real estate and help you navigate around what you already own.

Email [email protected]

Call/Text 917-232-8529.

Visit Bill’s website www.billweidner.com

Connect with Bill on LinkedIn https://www.linkedin.com/in/billweidner/

ALL EPISODES on the website: https://realtyspeak.nyc/episodes/

ALL EPISODES on the APPS: Spotify – Apple Podcast – Podcast Republic for Android

Additional Resources from Bill:

NYC Local Law 152 – Periodic Inspection of Gas Piping Systems – Solution @ https://www.keepmygas.nyc/

Property Owner and Property Manager Resource Page

https://realtyspeak.nyc/property-owner-and-manager-resources/

Thinking of selling your investment Property?

CLICK HERE to contact me to discuss your goals so I can craft a plan to sell your investment real estate and also make sure that at closing you have a plan for the sale proceeds and that you shelter as much of those proceeds from capital gains tax as possible.

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By Bill Weidner - Licensed Real Estate Broker

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