BROOKLYN — Jack Jaffa & Associates, a Brooklyn-based firm with offices on Prince Street, has a list of tips for building owners who are faced with violations, something that can affect both commercial and residential buildings.
“It’s important for all building owners to protect their real estate portfolio from a potential web of time-consuming and profit-draining violations,” said Jaffa, who describes his business as “a one-stop shop for property owners and managers seeking advisory services to meet today”s violation-removal and property tax-liability challenges.
The following are Jaffa’s tips:
• Validate the claim. Visit the building immediately to verify the alleged violation and its severity. Contact your super, porter, construction team and whoever else is on-site to discuss the violation and its correction.
• Contact your real estate consultant or lawyer. Your lawyer will help you assess the severity of the charges and the steps needed to rectify the situation. A lawyer or consultant is a must. Building violations in the city can be a very complicated and intricate process for both unseasoned and veteran property owners alike.
• Act now. It is imperative to resolve the issue as soon as possible. Depending on the situation, it can be costly. Building owners are busy, but $500 fines can quickly turn into $5,000 fines if possible dangers aren’t addressed in a timely manner. Additionally, there are $800 and $2,400 penalties for failing to certify correction and failing to comply with an order from the commissioner.
• Sign up for alerts. It is possible to monitor the full gamut of city agency sites to find new complaints, violations and inspection reports on your property, giving you a chance to fully rectify a problem before it turns into a violation.