Landlord / Building Owner Articles
Insider Insurance Tips for Self-Managed Condos and Co-ops
Finding the best insurance for a small condo or co-op building, especially if the building is self-managed, can be challenging. How do you know how much insurance you need? What…
A Guide to Understanding Multi-Family Building Insurance
People call our office all the time, wondering why multi-family building insurance is so much higher than homeowners’ insurance. Sometimes they’re even wondering why an insurance company declined to make…
The Ins and Outs of New York Area Landlord Insurance
Protecting your New York real estate investment begins with New York landlord insurance. Like your homeowners insurance, New York landlord insurance can protect you against damage to your property due…
How to Travel Safely This Summer
The summer of 2021 is shaping up as an epic travel season. The U.S. Travel Association reports that nearly nine in 10 Americans plan to travel during the remainder of…
Do Your Tenants Qualify for the Emergency Rental Assistance Program?
If your tenants can’t pay their rent and utilities because of COVID-19, the Emergency Rental Assistance Program (ERAP) may be able to help. Administered by the New York State Office…
New York City Requires Owners to Provide Tenant Protection Plan Notice
Planning to renovate your apartment building? You’ll need a Tenant Protection Plan (TPP) if any of the dwelling units will be occupied during construction. Building owners must post or distribute…
NYC Landlord’s Guide to DOB Permits
Most construction projects in New York City require a Department of Buildings (DOB) permit. Such undertakings require building owners to hire licensed design professionals—professional engineers (PEs) or registered architects (RAs)—who…
Do you need a DOB work permit for building renovations?
As a building owner, you’re responsible for any work done on your property. In New York City, this responsibility includes hiring design professionals and contractors with the appropriate licenses and…
Hiring contractors? Follow these risk management tips
Under New York Labor Law Section 240 (1), also known as the Scaffold Law, building owners and/or their managing agents may be held liable for certain on-the-job injuries to contractors.…
What Insurance Does a Landlord Need?
What insurance does a landlord need? This article covers both basic landlord insurance and optional coverage you may want to consider. If you’re considering renting out your property and you’re…