To Convert Basement into Legal Apartment: For someone who needs a property with the mind of converting the basement legally into a decent rental unit, it is very mandatory to seek out for properties having basement conversions and not cellars. If the basement meets the criteria, you could combine the two upstairs units into one legally … The installation and construction of a wall without a … Health and safety issues, like radon or mold infestation, are also issues that should be addressed before listing your basement as a rental unit. According to the city, tenants in illegal basement units usually have no lease and live in subpar conditions. Article content. Mayor Bill de Blasio delivers the 2019 State of the City address on the Upper West Side, Jan. 10 of last year. Often the warnings for illegal apartments are built right into the listing itself. Well, it is. Whether you choose to use your newly founded property for extra income or even as a home for your adult children or elderly parents, you’ll need to ensure your project is feasible, that you follow rules & regulations, and that … "Together with advocates from the BASE (Basement Apartments Safe for Everyone) Coalition, including Chhaya CDC, Cypress Hills LDC, and the Pratt Center for Community Development, we've been pushing for years to bring underground units … Other common restrictions may include: The basement apartment … According to New York City law, the two words are not, in fact, synonyms. The pilot program would help landlords transform some illegal basements apartments into legal, safe and affordable units. Basement Apartments: not all basement apartments are illegal. Certain basement rentals in New York City are legal, while others are not. For starters, the apartment is illegal if the space is used in a manner beyond what the building permit specifies. Not all apartments in New York are legal. In 2018, the New York City Council proposed Intro 1004-2018, a bill to establish a Basement Apartment Conversions Pilot Program, which would provide regulatory relief and homeowner financial assistance to facilitate the conversion of a selected group of basements and cellars in East New York, Brooklyn into safe and lawful apartments. But, the most common of all illegal apartments are in the basement of a building. Converting your basement into a rental apartment might seem like quite the feat. The Basement Apartment Conversion Pilot Program (BACPP) provides eligible homeowners of 1-3-family buildings in Brooklyn’s Community District 5 neighborhoods of East New York and Cypress Hills with low- or no-interest loans, and possibly forgivable, to convert their basement or cellar into a safe, legal apartment for rental occupancy. You may be able to convert it into a legal dwelling, but you'd have to get a new C of O. The mayor's office expects at least 10,000 safe and legal apartments to stem from these changes within the next decade. The Basement Apartment Conversion Pilot Program aims to provide small low-interest or forgivable loans to up to 40 eligible low- to middle-income homeowners living in one-, two- and three-family homes to help pay for construction work. Converting your basement into an apartment can increase your home value, since it will probably involve adding a bathroom and enhancing the living space. If you are the owner of an illegal basement apartment in NYC, the Bronx, Queens, Brooklyn, Staten Island, Manhattan, you may be in for some serious fines. There are requirements to legalize it, such as two means of egress, a min. So just what are the legal requirements for leasing a basement and what can you do to prepare your basement to rent? It takes a lot of work and a lot of planning — more than most people think — to properly turn a basement into an apartment that can be rented out. ceiling height, and a certain percentage of the dwelling needs to be above ground, etc. Because basements often contain mold, poor air quality and other unsafe features, you must take care to design the basement to make it desirable for tenants. For instance, you must ensure that the converted basement has its … The program’s goal is to create additional legal, safe housing in … However, if … So what makes an apartment illegal? With the housing shortage in New York City and the surrounding areas, the rise of illegal basement apartment conversions is on the rise. If you are the renter of an illegally converted basement apartment, you are risking your life. “Converting basement units into safe and legal housing is an important way to address New York City's affordability crisis," said Council Member Brad Lander. 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