Good intentions aren’t enough to protect building associations and their boards of directors from legal claims. Directors and officers (D&O) liability insurance is essential for protecting the association and board members from lawsuits that result from actions or decisions made while serving.…
While no one likes to think about lawsuits (except for perhaps litigation attorneys), they are a fact of life—one that association boards and property managers need to prepare for with directors and officers (D&O) liability insurance. Previous articles have addressed how…
To help protect New Yorkers, the New York City Fire Department (FDNY) requires landlords to post and distribute certain fire safety and emergency preparedness documents. The requirements apply to multiple dwellings in New York City, those with 3 or more…
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 these requirements, which apply to multiple dwelling units that were…
For landlords in New York City, the New Year triggers certain responsibilities—most notably, the annual notice requirement. Even for property owners outside the five boroughs, these simple tasks can provide proper protection and peace of mind in the months to…
Various New York laws require landlords to post specific signs and notices for tenants. These include the Housing Maintenance Code (part of the NYC Administrative Code), the Multiple Dwelling Law, and the Rules of the City of New York. As…
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 U.S., with children representing more than half of dog bite…
Illegal basement apartments are among the most common infractions here in New York. Based on our site traffic, many building owners and tenants have questions about the legality of basement apartments. Following are frequently asked questions concerning these subterranean spaces.…
The best way to save money on insurance is to lower your risk profile and avoid claims. In addition to the practices covered in our article on building a property profile, these safety tips can help managers of apartment, co-op…
The sidewalks around your building may belong to New York City. But the responsibility for maintenance and sidewalk liability belong to you. In fact, underwriters report that sidewalk-related injuries are the leading liability claim against New York City landlords. We’ve…