New York · NY
In New York, a landlord must return a security deposit within 14 calendar days.
- Return deadline
- 14 calendar days
- Itemized statement
- Required
- Move-in condition list
- Required of the landlord
- Maximum deposit
- 1 month's rent
- Interest on deposit
- Required
If the landlord withholds in bad faith
Missing the 14-day deadline forfeits any right to retain any portion of the deposit; willful violation exposes landlord to punitive damages up to twice the deposit, plus actual damages.
Post-HSTPA (2019): 14 days to return with itemization; deposit capped at 1 month. Landlord must offer a move-in inspection and written statement of existing conditions before occupancy (tenant may decline). Interest required only for buildings of 6+ units (§ 7-103).