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|  The New York City Loft Board was established in 1982 to regulate the legal conversion of certain lofts in the city from commercial/manufacturing use to residential use. Article 7-C of the Multiple Dwelling Law, also known as the Loft Law, created a new classification of buildings in New York City known as interim multiple dwellings ("IMD"). Generally, this classification encompasses formerly commercial and manufacturing loft spaces that were used as residences by three independent families during the period of April 1, 1980 through December 1, 1981. Because these lofts failed to meet the fire safety and other code requirements for legal residential occupancy, the Loft Law also established the Loft Board with the mission of coordinating the legal conversion of these spaces to safe residential use. | |
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| September 7, 2007 Lanny R. Alexander was named Executive Director of the New York City Loft Board in September 2007. At the Loft Board, she is responsible for the overall policy development and direction of the Loft Board's staff. She sets priorities and goals for the staff, oversees day-to-day administration and operations, and coordinates the exchange of information between the Board and the staff. The Executive Director is the agency's General Counsel and represents the agency at all citywide general counsel meetings. She represents the agency at high level meetings, is the agency's press liaison, and meets with constituent groups on loft issues.  Learn more | |
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| Registration Fee Increase The annual registration fee has been increased from $100 to $200 per IMD unit. Future increases may be sought to address the costs associated with pursuing owners who continue to delay legalizing their buildings. | |
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| Housing Maintenance Fines Have Increased The range of fines that may be imposed for violations of the housing maintenance standards were increased across the board. Now, any owner who fails to maintain basic services for IMD tenants will incur higher fines. | |
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