The fund will remain open for three years or until the money runs out, whichever comes first.
Another $202,250 will go toward penalties for violating the state’s tenant-blacklisting law. The firm must also pay $50,000 to a New York City affordable-housing fund, with another $52,250 due by Dec. 31, 2027.
What Will The Firm Have To Change?
Brooklyn High Rise must stop requesting landlord-tenant court records or rental histories as part of its screening process.
If prohibited court records accidentally reach the firm, it must have the applicant submit a new screening report without the records. A different leasing agent, who has not seen the prohibited information, must then review the application.
The firm also must remove questions about criminal convictions from its rental applications before making a conditional housing offer.