HPD is more important than a movie!
Tip of the Week:
If you own a building that contains three legal residential dwelling units or more (and every word outside of these parentheses can involve an essay all its own, but we are keeping it simple today), you MUST register the building every year with the Department of Housing Preservation and Development (commonly called “HPD”).
The paperwork will take you under 15 minutes and the fee is less than the price of a movie and popcorn.
If you fail to register your building, not only are you opening yourself up to a fine, but you cannot, legally, collect rent until the building is registered.
So, skip a film if need be, and register your (three-family) building!
