19Dec
NYC Council Smooths the Way to Get Tenants into Buildings
As a small year-end gift to building developers, the NYC Council passed Int. 2033-2020 to ease the move-in process for owners and occupants. This bill allows the Department of Buildings (DOB) to issue Interim Certificates of Occupancies (ICOs) to authorize the occupancy of specific portions of a building—deemed safe for occupancy—prior to completion of all permitted construction work comprising the project. Importantly, no further DOB approvals are required following issuance of an ICO....
By:
Berdon LLP
Source Url: https://www.jdsupra.com/legalnews/nyc-council-smooths-the-way-to-get-84886/
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