New York City requires landlords of multiple dwellings (3+ residential units) to file an Annual Bed Bug Report that discloses any bed bug infestations on the property in the previous year. In addition, property owners and building managers must attempt…
If rioters or looters damage your commercial property, will your insurance policy cover it? The short answer: yes. As the Insurance Information Institute notes, virtually all businessowners and commercial insurance property policies cover property that has been damaged by riot,…
Every day, at least one water main breaks in New York City. The big breaks can flood subway tunnels and close streets, making life difficult and inconvenient for commuters, residents and business owners. The smaller breaks might only be a…
As a landlord or building owner, do you need commercial auto insurance? You probably drive your personal vehicle for business. Or you use your car for personal use most of the time, but occasionally hitch it to a trailer to…
If you live in a property with a private homeowners' association (HOA), like many condominium and co-operative buildings in the New York City area, homeowner association fraud is a real possibility. And chances are it could be months, or even…
Distinguished Programs recently published a white paper on Common Fire Risks and Prevention Tips Every Community Association Should Know. The short guide offers great advice for landlords and their tenants. After all, fire is the leading catastrophic insurance claim, with…
Stu Cohen and the City Building Owners Insurance program have partnered with the PURE Group of Insurance Companies. Headquartered in White Plains, N.Y., PURE is a member-owned property and casualty insurer designed exclusively for financially successful families. "We've specialized in…
After the recent (and preventable) Equifax breach, Yahoo's follow-up announcement that the August 2013 attack affected all 3 billion of its users at the time—rather than the initially reported 1 billion—scarcely made a ripple in the media. These examples reinforce…
As the New York brownstone market continues to grow, so can the risk. Reviewing your property assessments and insurance each year can provide peace of mind. All around the world, New York City brownstones are seen as one of the…
For owners of mixed-use buildings here in the New York City market, finding the right commercial tenant is getting even harder. As reported earlier this year in "What's Happening with New York City Building Insurance," a number of insurance companies…