This bill would require that the Board of Standards and Appeals have access to the advice of a State certified general real estate appraiser with no less than five years’ experience in analyzing and auditing real estate investments.
Local Law 102
To amend the New York city charter, in relation to qualifications of staff members of the board of standards and appeals
Be it enacted by the Council as follows:
Section 1. Subdivision a of section 661 of the New York city charter, as amended by local law number 49 for the year 1991, is amended to read as follows:
a. The executive director may appoint such engineers, architects, and experts and other officers and employees as may be required to perform the duties of his or her office, with the approval of the board and within the appropriation provided therefore. The executive director shall also ensure the board has access to the advice of a state certified general real estate appraiser, either by engaging the services of an appraiser employed or retained by a city agency, retaining the services of a third party,or appointing at least one staff member, provided that such state certified general real estate appraiser shall have no less than five years’ experience in analyzing and auditing real estate investments, with the approval of the board and within the appropriation provided therefore.
§ 2. This local law takes effect 120 days after it becomes law.
Previous bill version
By Council Members Kallos, Koslowitz, Richards and Gentile
A Local Law to amend the New York city charter, in relation to qualifications of staff members of the board of standards and appeals
Be it enacted by the Council as follows:
Section 1. Section 661 of the New York city charter is amended to read as follows:
§ 661. Staff, powers and duties. a. The executive director may appoint such engineers, architects, and experts and other officers and employees as may be required to perform the duties of his or her office, with the approval of the board and within the appropriation provided therefor. The executive director shall also appoint at least one staff member who shall be a state certified general appraiser and a member of the Appraisal Institute with expertise analyzing and auditing real estate investments, with the approval of the board and within the appropriation provided therefor.
b. The executive director shall assign and supervise all members of his or her staff. The executive director shall have prepared and presented matters before the board of standards and appeals in accordance with the rules, regulations and directives of such board, and shall prepare the calendar of such board.
§ 2. This local law takes effect 90 days after enactment.