Beginning January 1, 2024, owners of buildings with parapets fronting the public right-of-way (a public street, avenue, sidewalk, roadway or any other public place or public way), regardless of height, are required to have an annual observation of the building’s parapet performed.
Read more at the NYC Department of Buildings website: https://www.nyc.gov/assets/buildings/pdf/parapetobservation-sn.pdf