Tips for Landlords, Building and Home Owners
Property Registration for New York City Landlords—Get Started Now
New York City’s Department of Housing Preservation & Development (HPD) requires annual property registration by owners of residential buildings that meet the following requirements: Multiple dwelling (3 or more residential…
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…
Do Insurance Needs Change When the Mortgage Is Paid Off?
Paid off your mortgage? Congratulations! Your monthly mortgage payment probably included extra funds for property taxes and insurance. Of course, you’ll still have to pay taxes. But now that you…
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…
Can Your Homeowners Insurance Weather Storm Season?
Various sources, including the National Oceanic and Atmospheric Administration (NOAA), predict an especially active 2024 Atlantic hurricane season, which started on June 1 and continues through November 30. The NOAA…
Protect Your Home While Traveling
Planning to travel this summer? If so, you’re not alone. According to the Summer Travel Survey 2024 published by The Vacationer, nearly 82% of American adults plan to travel this…
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…