We previously wrote about how the DOB now has control over setting ECB-related penalties, and a new schedule is going into effect next week. Tucked into this update was a new rule about cutting fines in half for corrected DOB-ECB violations that were in default. What does it all mean for your properties?

• The DOB can rule on and publish penalty schedules directly, which may mean more frequently updated fine amounts.
• Named respondents on defaulted violations who a) submit an acceptable Certificate of Correction, which is then b) forwarded to the ECB by the DOB will pay a 50% reduced penalty
  • This does not apply to daily penalties for specific violations, or civil penalties

There are still a number of questions that the DOB has yet to answer:

• When and how will named respondents be notified of the reduced penalty?
• Will the reduction take place as a refund, or in advance of payment?
• Is there a deadline to file the Certificate of Correction to take advantage of the reduced penalty?