Landlord / Building Owner Articles
Dog-Related Injuries Cause $1.57 Billion in Liability Claims
Even landlords who love dogs might want to rethink the pet policy for their buildings. According to the Insurance Information Institute (III) and State Farm, dog bites and other dog-related injuries cost…
Wear and Tear vs. Property Damage: What NYC Landlords Need to Know
A chief source of friction between landlords and tenants stems from disagreement over what constitutes normal wear and tear versus excessive damage to a rental property. Naturally, these disputes typically…
Questions to Expect When Buying Landlord Insurance
The landlord insurance market has been tough for years. Various external forces—from higher construction labor and materials to more frequent and severe natural disasters—have driven up insurance premiums. Not surprisingly,…
Spring Maintenance Checklist for Landlords
After a particularly brutal winter, spring is finally arriving here in the Northeast. Warmer temperatures mean that building owners and landlords should inspect their properties for maintenance issues that might…
Do I Need Separate Insurance Policies for Each Rental Property or Apartment Building?
Many property owners who have multiple buildings in their portfolios ask whether we recommend separate insurance policies. We present options for a master policy and provide them with the information…
Fire Prevention for NYC-Area Landlords: Protect Your Tenants and Property
The holiday season may be behind us, but we’re in the heart of the winter fire season, with home heating—particularly space heaters—a leading cause of home fires and fire-related…
NYC Landlord’s Guide to Water Sensors and Leak Detection Technology
It’s every landlord’s nightmare: a leak, flood, burst pipe, or overflowing sink or appliance that goes undetected until major, expensive water damage occurs. Landlords and property owners are right to…
NYC Launches Containerization Requirements for Residential Trash
On November 12, 2024, new rules went into effect that require smaller properties to put residential trash in dedicated containers. The goal is to eliminate the mountains of trash bags…
Does Your Landlord Insurance Include Loss of Rents Coverage?
If you own a rental property, you’ll want to make sure your landlord insurance includes Loss of Rents coverage. This special protection will replace lost income if a covered event…
NYC Basement Unit Regulations: A Legal Guide for Landlords
Basement apartments in New York City have received extensive press as a potential solution to relieve the city’s ongoing housing crisis. Basement units can offer added revenue potential–but only when…