Landlord / Building Owner Articles
A New York City Landlord’s Guide to Lead Paint Requirements
Landlords in New York City have specific responsibilities for protecting tenants from lead paint hazards. Local Law 1 of 2004, also known as the Childhood Lead Poisoning Prevention Act, outlines…
The Difference Between Contents and Structures Insurance Coverage
If you’ve ever purchased—or simply researched—property insurance, you’ve likely encountered the terms “contents” and “structures” coverage. In a nutshell, “structures” refers to the insured building and other structures, and “contents”…
Understanding Force-Placed Insurance for NYC Property Owners: Protect Your Investment
Have you received a notice about force-placed insurance on your property? If so, you’re probably paying too much money for insufficient protection. This article explains what force-placed insurance is, why…
Ensure Your Property Ownership Details Are Up-to-Date with Your Insurance Provider
Does the name on your insurance policy match the name on your property deed? While this may sound like a trick question, it’s a situation that we encounter from time…
How Replacement Cost and Actual Cash Value Impact Your Property Insurance
A large tree branch damages the roof. A leak on the top floor floods three units. A fire makes a unit uninhabitable. You compile a list of the damage, get…
How to Make Your NYC Property More Insurable
Two side-by-side buildings, seemingly identical, can have widely varying insurance premiums for many reasons. One major factor, which owners control, is how the building looks to an insurer. Taking care…
The Consequences of Underinsuring Your NYC Property
Do you have the right amount of insurance coverage for your needs? From time to time, we speak with building owners in the New York City area whose properties are…
What New York Landlords Need to Know About the ‘Good Cause’ Law
The following article is a guest post by Janet Nina Esagoff, Esq. Property owners and managers, take heed. New York State enacted the “Good Cause” Eviction Law (“GCL”) on April…
Insurance for Historic Buildings and Brownstones in NYC: Special Considerations and Tips
Homeowners shopping for New York City building insurance often have special needs. This is particularly true for owners who own historic buildings or need brownstone insurance or coverage for other…
Stay Safe During National Electrical Safety Month
May is National Electrical Safety Month, making this a good time to review electrical safety. Electricity can be dangerous, whether the hazard is a crane contacting an overhead line or…