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…
When a tenant leaves, what do you need to do to prepare for the next tenant? If you’re a new landlord, or even if you’re more experienced, this handy apartment turnover checklist will make sure that nothing gets overlooked. Advertise…
As a landlord, you’re often liable for many incidents and conditions beyond your control. Mother Nature drops a foot of snow, and someone slips and falls on the sidewalk outside your building. Tree roots push up part of the sidewalk,…
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 types of coverage are critical to protect the residents and…
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 them an offer. To qualify for the best insurance rates…
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 to storms or other disasters. It can cover repairs in…
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 the year. Close to 75% of businesses say their employees…
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 of Temporary and Disability Assistance (OTDA), ERAP is available to…
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 a TPP Notice when the Department of Buildings (DOB) issues…
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 file plans and obtain permits before the work begins. While…