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"Coastal Flood Advisory" ...Coastal flood advisory in effect from 4 am to 7 am EST Friday... The National Weather Service in New York NY has issued a coastal flood advisory, which is in effect from 4 am to 7 am EST Friday. * Locations...western Long Island Sound including New Haven and Fairfield counties in southern Connecticut, Westchester, Bronx, northern Queens, northern Nassau and northwest Suffolk counties in New York. * Tidal departure...2 to 3 ft above astronomical tides around the times of high tide. * Coastal flood impacts...there is a low threat of property damage. Shallow flooding is expected in the most vulnerable locations near the Waterfront and shoreline. Expect around 1 to 2 feet of inundation above ground level in low lying, vulnerable areas. Some roads and low lying property including parking lots, Parks, lawns and homes/businesses with basements near the Waterfront will experience shallow flooding. * Timing...around the times of high tide tonight. Precautionary/preparedness actions... A coastal flood advisory indicates that onshore winds and tides will combine to generate flooding of low areas along the shore. Time of high total tides are approximate to the nearest hour. Bridgeport CT MLLW categories - minor 8.9 ft, moderate 10.4 ft, major 11.4 ft mhhw categories - minor 1.6 ft, moderate 3.1 ft, major 4.1 ft total total departure day/time tide tide from norm waves flood ft MLLW ft mhhw ft ft impact -------- --------- --------- --------- ------- -------- 16/05 am 8.9/ 9.4 1.6/ 2.0 2.7/ 3.2 2-3 minor Stamford CT MLLW categories - minor 9.4 ft, moderate 11.0 ft, major 12.4 ft mhhw categories - minor 1.5 ft, moderate 3.1 ft, major 4.5 ft total total departure day/time tide tide from norm waves flood ft MLLW ft mhhw ft ft impact -------- --------- --------- --------- ------- -------- 16/05 am 9.3/ 9.8 1.4/ 1.9 2.7/ 3.2 2-3 minor New Haven CT MLLW categories - minor 8.6 ft, moderate 9.2 ft, major 10.5 ft mhhw categories - minor 1.9 ft, moderate 2.5 ft, major 3.8 ft total total departure day/time tide tide from norm waves flood ft MLLW ft mhhw ft ft impact -------- --------- --------- --------- ------- -------- 16/05 am 8.4/ 8.9 1.7/ 2.2 2.7/ 3.2 2 minor Kings Point NY MLLW categories - minor 10.0 ft, moderate 10.5 ft, major 13.0 ft mhhw categories - minor 2.2 ft, moderate 2.7 ft, major 5.2 ft total total departure day/time tide tide from norm waves flood ft MLLW ft mhhw ft ft impact -------- --------- --------- --------- ------- -------- 16/06 am 9.4/ 9.9 1.6/ 2.0 2.8/ 3.4 2 none Old Field NY MLLW categories - minor 9.2 ft, moderate 10.2 ft, major 12.2 ft mhhw categories - minor 1.9 ft, moderate 2.9 ft, major 4.9 ft total total departure day/time tide tide from norm waves flood ft MLLW ft mhhw ft ft impact -------- --------- --------- --------- ------- -------- 16/05 am 9.1/ 9.6 1.8/ 2.2 3.0/ 3.5 2-4 minor Glen Cove NY MLLW categories - minor 10.1 ft, moderate 11.1 ft, major 13.1 ft mhhw categories - minor 2.2 ft, moderate 3.2 ft, major 5.2 ft total total departure day/time tide tide from norm waves flood ft MLLW ft mhhw ft ft impact -------- --------- --------- --------- ------- -------- 16/05 am 9.2/ 9.7 1.3/ 1.8 2.6/ 3.1 2-3 none -- Thursday Nov.15 18,09:49 AM

A.G. Underwood Announces $190k Settlement With Sham Co-Op For Operating As A Rental Building

LongIsland.com

For Decades, 417 E 60 Owners Corp Operated as a Rental Building in Violation of Business Corporation and Rent Stabilization Laws.

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New York, NY - August 21, 2018 - Attorney General Barbara D. Underwood today announced a settlement with 417 E 60 Owners Corp, a former cooperative corporation on the Upper East Side of New York City, for violating state law by using a cooperative as a rental building for decades and depriving tenants of protections they’re entitled to under rent stabilization laws.
 
The settlement agreement requires 417 East 60 Street to operate exclusively as a rental building and abandon the cooperative plan so that it can no longer claim cooperative exemption under the Rent Stabilization Law. In addition, the corporation must pay $190,000 to the New York City Department of Finance – which will be used by the Department of Housing Preservation and Development to finance housing projects for low-income New Yorkers.
 
“Sham cooperatives acting as rental properties diminish opportunities for homeownership and fail to provide rent stabilized protections for New York tenants,” said Attorney General Underwood. “At a time when affordable housing is so scarce, my office will continue working to preserve critical protections for tenants and ensure more housing is made available to New Yorkers.”
 
Prior to 1982, 417 East 60 Street in Manhattan was an occupied rental apartment building containing rent regulated units. In 1984, the building converted to a cooperative and transferred ownership to 417 E 60 Owners Corp. The Owners Corp was formed in order “to make apartments, space and facilities located in [417 East 60th Street] available to the shareholders of the Corporation for residential purposes under leases commonly known as proprietary leases.” Prior to October 2015, one individual acquired all shares to become the sole shareholder and sublet certain apartments so the building operated as a for-profit rental building – in violation of New York Executive and Business Corporation Law. No shareholders resided in the building and tenants that sublet the units were not treated as rent regulated tenants.
 
This case was handled by Real Estate Finance Bureau Chief Brent Meltzer and Assistant Attorney General Kimberley Ver Ploeg, under the supervision of the Executive Deputy Attorney General for Economic Justice Manisha M. Sheth.