Credit: Adobe Stock Crackdown on Parking Structures in New York City
The Ann Street parking garage collapse in April has lead to new regulations for New York City parking structures. This article discusses these new regulations and what landlords, building owners and boards need to know about the increased scrutiny and the tight deadlines they will need to meet.
December 07, 2023 at 10:00 AM
8 minute read
Regulation
Public policy is typically dictated by events that cause harm to constituents, and changes to codes and regulations are made to prevent future harm. One such event was the Ann Street parking garage collapse, which occurred on April 18, 2023. The death of one person and injuries to five others as a result of the parking garage's collapse motivated the legislature to make changes to the inspection and filing requirements for parking structures in all five boroughs of New York City. It is imperative for all owners of parking structures, whether they are individuals, corporations, condominiums or cooperatives, to understand the implications of the new requirements, impending filing deadlines and the consequences of non-compliance.
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