Landlord / Building Owner Articles
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…
Dog-Related Injuries Cause $1.12 Billion in Liability Claims
Man’s best friend doesn’t always act so friendly. The Centers for Disease Control and Prevention (CDC) estimates that about 4.5 million people are bitten by dogs each year in the…
Disaster Response Planning for New York City Landlords
An emergency can strike at any time, whether it’s a natural disaster, a gas line explosion, or something else. The time to review your disaster response plan is before an…
Ordinance or Law Insurance Coverage: Protecting NYC Property Owners Against Building Code Changes
In an older city like New York, Ordinance or Law coverage makes a lot of sense for building owners. Also known as building ordinance coverage, it protects property owners against…
A Guide to Insuring Mixed-Use Buildings
When shopping for investment opportunities in the New York City area, prospective building owners often encounter mixed-use properties. These buildings combine commercial and residential space, and they’re found throughout the…