A Webb & Brooker Publication July 2011 


Welcome to the second edition of RE-Connect, the real estate trend report from Webb & Brooker, Inc. As part of our comprehensive real estate services, we hope to provide you with useful building information to keep abreast of new laws, efficiency standards, and management tools affecting real estate owners today.

In this issue of RE-Connect we will discuss the fiscal year 2012 water rate recently presented by the DEP, the Division of Housing and Community Renewal’s discussion regarding possible regulations on smoking in buildings, as well as the phasing out of #6 and #4 oil by the DEP and the Mayor’s PlaNYC.

We look forward to your feedback on this edition of RE-Connect. Contact Webb & Brooker today at (212) 926-7100 or info@webb-brooker.com to learn about our Property Management, Sales and Real Estate Development Services.

Bernard Warren
Webb & Brooker, Inc.

New York State Homes and Community Renewal ("HCR") Soliciting for Comments on Possible Regulations Regarding Smoking in HCR Assisted Developments

Source: Division of Housing and Community Renewal

New York State Homes and Community Renewal ("HCR") is soliciting comments on whether it should pursue the promulgation of regulations on the implementation of no smoking or limited smoking policies in its assisted housing portfolio. HCR has received requests from various housing providers and from residents to implement such policies where there is presently no such rules at their development. These requests follow actions by the United States Department of Housing and Urban Development ("HUD") through various official HUD notices which have encouraged the implementation of such policies in public housing and much of its assisted housing portfolio.

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Bernard Warren received a Business Leaders award on May 25, 2011 from Council Member Ruben Wills for his work in Southeast Queens, NY.

DEP Presents Fiscal Year 2012 Water Rate Proposal

Source: NYC Department of Environmental Protection Communications & Intergovernmental Affairs

Environmental Protection Commissioner Cas Holloway today proposed a 7.5% increase in the Fiscal Year 2012 (FY12) water rate to the New York City Water Board. The Department of Environmental Protection (DEP) is responsible for proposing a water rate that meets the financial obligations necessary to provide water and wastewater services to more than nine million New Yorkers, and the Water Board is responsible for establishing the rate following the proposal and subsequent public hearings. The 7.5% rate increase proposed for FY12 is a 35% reduction from the 11.5% rate increase that was projected last year when the Fiscal Year 2011 (FY11) rate was proposed, and is the first single digit water rate increase in five years. The new rate proposal also includes a continuation of a 2% discount for direct debit subscribers, provided that they also sign up for paperless billing. For customers who take advantage of the discount program, the effective rate increase will be 5.4%.

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Department of Environmental Protection and Department of Buildings Unveil New Program to Streamline Approval Process For Upgrading Boilers

Source: NYC Department of Environmental Protection Communications & Intergovernmental Affairs

New Process Saves Building Owners Up to $3,000 Per Boiler Conversion; Clean Heat Campaign Announcement Coincides with First Day That All New Boilers Permitted in New York City Must Burn the Cleanest Type of Heating Oil.

Environmental Protection Commissioner Cas Holloway and Buildings Commissioner Robert LiMandri today implemented a new program to streamline the approval process for upgrading boilers to bring them into compliance with new heating oil regulations. The new regulations, adopted in April, require that buildings phase out the use of Nos. 4 and 6 heating oil over the next 20 years at the nearly 10,000 buildings that still use these dirtier types of fuel. The 10,000 buildings that still burn Nos. 4 and 6 heating oil comprise just 1% of the City's building stock, but generate more annual soot pollution than all cars and trucks in the City combined. The new approval process for converting boilers to cleaner fuels eliminates duplicative paperwork and simplifies pre-upgrade design filings, saving building owners time and money. The new streamlined process is expected to save building owners approximately $3,000 per boiler conversion from No. 6 to No. 4 heating oil, reducing costs from roughly $10,000 to $7,000. The Department of Buildings will continue to inspect all conversions to ensure that the conversions are properly made.

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