Landlord / Building Owner Articles
Best Practices for Insuring Apartment Buildings, Condos and Co-ops
Insuring apartment buildings and condominium and co-op buildings can be complicated. Understanding where the responsibilities lie between owners and tenants—as well as what insurance you can and should require from…
Keep Those Fire Escapes in Working Condition
New York City building owners with outside fire escapes have two choices regarding these external means of egress: keep them maintained or remove them. Fire escapes are a classic feature…
Understanding Basic, Broad Form Coverage and Special Form Coverage
When comparing insurance policies for your apartment building, make sure you understand the differences between Basic Form coverage, Broad Form coverage, and Special Form coverage. The first two might save you…
Bed Bug Reporting Requirements for New York City Landlords
New York City requires landlords of multiple dwellings (3+ residential units) to file an Annual Bed Bug Report that discloses any bed bug infestations on the property in the previous…
What NYC Building Owners Need to Know About Window Guards
For properties with three or more units, New York City law requires that building owners install and maintain window guards for apartments where a child age 10 years or younger…
The Legality of New York City Basement Rentals
Basement Rentals in New York—Legal or Illegal? Certain basement rentals in New York City are legal, while others are not. First and foremost, the subterranean space must be a basement,…
Are Riots and Looting Insured?
If rioters or looters damage your commercial property, will your insurance policy cover it? The short answer: yes. As the Insurance Information Institute notes, virtually all businessowners and commercial insurance…
Attorney Alex Lycoyannis Answers Landlord Questions on Rent Collection During Covid-19
To help building owners navigate this uncertain time, the following “Ask Our Attorney” column has been republished with permission from Small Property Owners of New York (SPONY) and attorney Alex…
‘Fairness’ in Landlord-Tenant Matters amid Covid-19
The following article is a guest post by Janet Nina Esagoff, Esq. New York City and Long Island have been especially hit hard by the Covid-19 crisis, resulting in…
Water in Your Building: What Does Water Coverage Provide?
Every day, at least one water main breaks in New York City. The big breaks can flood subway tunnels and close streets, making life difficult and inconvenient for commuters, residents…