QUESTION
How are tenants informed about their rights under the J-51 tax exemption program?
1:50:22
·
26 sec
The assistant commissioner explains that tenants are informed about their rights under the J-51 program through the lease notification requirement.
- There is a requirement for tenants to be notified that the project is receiving J-51 benefits.
- The lease must state that the tenant has J-51 rights.
- Tenants are required to be notified of their specific rights under the J-51 program.
Pierina Ana Sanchez
1:50:22
Is HPD gonna conduct outreach to inform tenants of this new right or I guess, tenants informed tenants are informed organizations that you work with.
Tricia Dietz
1:50:31
It is part of the lease.
1:50:33
There is part of the notification requirement.
1:50:36
It's that the tenant was notified that the project is receiving J51.
1:50:40
So they will know that they have J51 a slide, and they also are required to be notified of their rights under J51.