New York · Interactive tool
New York City deposit interest and disposition planner
The 14-day clock from move-out, the itemized statement, and — for buildings with six or more units — the interest the deposit earned less the 1% administrative fee. Deductions are entered as claims and shown separately; the planner never labels one lawful, and disputed sums stay out of the arithmetic.
Statement and refund due
Not yet running
The 14-day clock starts when the tenant vacates; enter that date when known.
Refund on these entries
$2,400.00
Deposit $2,400.00 + net interest $0.00 − claimed deductions $0.00
Interest by year (six-plus-unit building)
| From | To | Interest | 1% admin fee |
|---|---|---|---|
| Jun 1, 2024 | Jun 1, 2025 | $12.00 | $12.00 |
| Jun 1, 2025 | Jun 1, 2026 | $12.00 | $12.00 |
Buildings with six or more units: deposit held in an interest-bearing New York account; landlord may keep 1% a year as an administrative fee; interest paid or applied annually at the tenant's option (GOL §7-103 — FIXTURE · verify). The rate is the bank's, not a statutory figure: enter what the account actually paid. Tenant may choose annual payment or credit against rent (verify).