In an older city like New York, Ordinance or Law coverage makes a lot of sense for building owners. Also known as building ordinance coverage, it protects property owners against higher repair costs resulting from building code or ordinance enforcement…
When shopping for investment opportunities in the New York City area, prospective building owners often encounter mixed-use properties. These buildings combine commercial and residential space, and they’re found throughout the five boroughs and the surrounding area. Mixed-use properties can range…
New York City’s Department of Housing Preservation & Development (HPD) recently released the 2024 version of its housing information guide, The ABCs of Housing. The biggest change: There are now two versions, one for building owners and one for tenants…
Good tenants—those who pay rent on time and keep rentals in good condition—are always looking for a great landlord who owns a space that meets their needs. You could be the landlord they’re searching for, regardless of your current experience…
You’ve just bought a rental property or you’re about to rent your home. Maybe you’ve inherited a home and want to rent it rather than sell it. Or you’ve bought a multi-family home and plan to live in one unit…
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…
Temperatures are climbing here in the Northeast, supporting Punxsutawney Phil’s prediction of an early spring. The impending arrival of warm weather means that building owners and landlords should inspect their properties for maintenance issues that might have developed over the…
When you get new insurance for your building or renew an existing policy, a representative from the insurance company will visit your property to evaluate it before setting your insurance rates. So how can you lower building insurance costs? And…
Shopping for building owner/landlord insurance can be tedious and confusing. Or it can be incredibly straightforward and simple—but carry big surprises at claim time. We hope you never experience a claim. If you do, however, we especially hope that you…
As the days get longer and temperatures climb, many people tackle spring cleaning chores as they air out their homes and spend more time outdoors. We invite you to add the following maintenance items to your spring to-do list to…