Makes it a felony to fail to obtain an alteration permit or certificate of occupancy for a multiple dwelling where alteration was the direct or indirect cause of an injury.
Relates to exemption from taxation of alterations and improvements to multiple dwellings by expanding certain provisions to include cities where the multiple residence law is applicable.
Grants the commissioner of buildings of New York city the power to waive provisions of the multiple dwelling law with regard to construction or alteration of multiple dwellings.
Authorizes a tax exemption and a tax abatement for alterations and improvements to multiple dwellings for purposes of preserving habitability in affordable housing.
Requires owner of a multiple dwelling to procure and maintain fire insurance on such multiple dwelling in the amount of the full cost to replace such multiple dwelling; requires owners of multiple dwellings to use insurance proceeds to replace such multiple dwellings; deems void provisions in other documents which are contrary to such insurance requirement; provides that failure to comply with such provisions shall constitute a misdemeanor; gives tenants a right to resume occupancy upon restoration of such multiple dwelling.
Relates to temporary certificates of compliance or occupancy; permits a single ninety day extension for temporary certificates of compliance or occupancy; requires a civil penalty of $20,000 for any violation regarding certificates of compliance or occupancy.