Auditing buildings for compliance with the rent registration requirements of the 421-a tax exemption program.

A Local Law to amend the administrative code of the city of New York, in relation to auditing buildings for compliance with the rent registration requirements of the 421-a tax exemption program

This bill would require the Department of Housing Preservation and Development to audit a certain number of buildings receiving benefits under section 421-a of the real property tax law annually to determine whether such buildings are in compliance with applicable rent registration requirements.