The NYC Council passed legislation earlier this year requiring the NYC Dept of Finance (DOF) to give property owners amnesty as to outstanding judgments entered in the Environmental Control Board (ECB). If the requirements are met, the property owner is free from default penalties and interest. Here are the requirements:
- The ECB judgment was filed prior to 6/12/2016.
- The owner resolves the judgment between 9/12/2016 and 12/12/2016.
- All judgments listed on the Department of Finance's website for the property are resolved, including monetary fines and all work required to clear the violations that resulted in a judgment.
