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Mold Prevention

A Building Owner’s Guide to Mold Prevention

With mold exposure linked to several adverse health effects and symptoms, mold prevention is essential for maintaining a healthy indoor environment. In fact, horror stories abound of people who have been forced from their homes because of toxic mold. The…

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Landlord Responsibilities In New York City

A Guide to Landlord Responsibilities in New York City

Owners of residential apartment buildings in New York City have certain landlord responsibilities for maintenance and safety. Many of these responsibilities are outlined in multiple codes and laws, including the New York City Housing Maintenance Code (HMC) and New York…

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New York City Building Owners Risk Management

Risk Management for Building Owners

Building ownership, particularly for landlords, comes with inherent risks of loss. That’s why it’s especially important for owners of rental properties to have liability insurance as part of their risk management strategy. Beyond insurance, this article offers other best practices…

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Property Maintenance Recommendations

Housekeeping, Maintenance & Your Insurance Policy

There’s not much excitement for most landlords, property managers and building owners when it comes to routine housekeeping and maintenance. But there’s an excellent reason why you should care about housekeeping and maintenance: your insurance company does. And so do…

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Association Directors And Officers Legal Fees

How to Choose Directors and Officers Liability Insurance

In our litigious society, association boards and property managers need to protect themselves against legal action. Consider the following examples of actual disputes: One association board spent $1 million defending itself against a resident allegation that a special assessment was…

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Master Policy For NYC Condo Or Co-op

How to Buy a Master Policy for Condos and Co-ops

The master insurance policy of a condo or co-op affects not only the property, but also individual residents. When buying insurance for a condo or co-op building, the managing entity needs to balance adequate protection with fiscal responsibility. Having the…

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Register Your New York City Residential Property

It’s Property Registration Time for New York City Landlords

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 units) Private dwelling (1-2 residential units) not occupied by the…

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