NYC Landlord & Building Owner Insurance Insights
These articles are intended to help NYC landlords and building owners make informed insurance and risk management decisions. You will find practical guidance on liability exposures, compliance issues, common claims, and coverage considerations that can affect insurability, premiums, and long-term stability.
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…
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…
Do Landlords Need Commercial Auto Insurance?
As a landlord or building owner, do you need commercial auto insurance? You probably drive your personal vehicle for business. Or you use your car for personal use most of…
Stay Safe When Using Space Heaters
Space heaters can warm up a chilly room. They can save energy by allowing you to turn down your thermostat and only heat a small area. Unfortunately, they can also…
Homeowners Associations and Fraud: What You Need to Know
If you live in a property with a private homeowners' association (HOA), like many condominium and co-operative buildings in the New York City area, homeowner association fraud is a real…
Do You Have Cyber Insurance Protection?
After the recent (and preventable) Equifax breach, Yahoo's follow-up announcement that the August 2013 attack affected all 3 billion of its users at the time—rather than the initially reported 1…
New Commercial Tenant? Call Your Insurance Broker
For owners of mixed-use buildings here in the New York City market, finding the right commercial tenant is getting even harder. As reported earlier this year in "What's Happening with…
Don’t Forget the Insurance Review for Commercial Tenants
Do you own a mixed-use building in New York City? If so, you're probably aware of the many challenges involved with making sure your commercial tenants have the correct insurance…
Have Your Burglar Bars and Your Insurance, Too
When shopping for building insurance or brownstone insurance in New York City, burglar bars can stop the insurance process. For new owners, these decorative and functional bars can also delay…