THE BUSINESS OF REAL ESTATE

NY landlord resources

Real estate mentorship in New York

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Dataset review pending. These supplied references have not been independently verified. Educational information only, not legal, tax or financial advice.

Calvin Cannon Jr. at his desk with a Philadelphia board behind him
Calvin Cannon Jr., The Business of Real Estate. Coaching photograph, not a property in New York.

New York: Security deposits

General Obligations Law §7-108(1-a)(a): no deposit or advance may exceed one month's rent. Cap does not apply to rent-regulated units and certain exceptions.

GOL §7-103: deposits held in trust, not commingled. Buildings with six or more units must place the deposit in a NY interest-bearing account; interest (less up to 1% admin fee) belongs to the tenant.

The uploaded dataset lists a deposit-return period of 14 days. Review the cited rule for the applicable conditions and timing.

New York: Rent regulation

NYC has rent control (pre-1947) and rent stabilization. Statewide, the ETPA lets localities adopt stabilization after declaring a housing emergency; 2019 HSTPA removed geographic limits. Administered by NYS HCR.

New York: Licensing and registration

No statewide rental-operator license. Some municipalities require local registration, permits, or certificates of occupancy/inspection.

Sources supplied for New York

Dates below are verification dates claimed in the uploaded dataset, not a new review by Calvin's team.

Offices listed in the dataset

Landlord education in New York