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…
There’s always a to-do list when it comes to landlord property maintenance, whether you own a multi-family brownstone in Park Slope or an apartment building in Astoria. Something always needs repair, replacement, cleaning or disposal. Yes, your tenants care about…
Owners of apartment buildings and brownstones can lower their insurance premiums by creating a building profile for the insurance company. Simply, this document presents the building in the most favorable way, ultimately demonstrating that the property poses a relatively low…
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…
Did you know that New York City property owners can request to have a free tree planted on their street? Among its many duties, the New York City Department of Parks & Recreation maintains the city’s urban forest. Requesting a…
Does the name on your insurance policy match the name on your property deed? This might sound like a trick question. Unfortunately, it’s a situation that we’ve encountered a couple of times. Property deeds and persnickety policies Consider the fictional…
While finishing a basement can expand a home’s living space, this home improvement project carries additional considerations in the five boroughs. Other blog posts address New York City requirements for basement rentals. This article looks at general restrictions and uses for…
Your tenant has signed a lease. The moving date is set. Now all you have to do is sit back and collect rent, right? There’s one more important step that can protect you and your tenant throughout the life of…
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…
