Experts predict a warmer winter ahead here in the Northeast due to the combination of La Niña and climate change, but that doesn't rule out powerful winter storms in the months ahead. New York City landlords need to prepare for…
The American Automobile Association (AAA) projects that at least 73 million people will travel at least 50 miles by car this Thanksgiving holiday. While this number includes an additional 1.6 million travelers due to recent airline challenges, it also reflects…
The sidewalks around your building may belong to New York City. But the responsibility for maintenance and sidewalk liability lies with you. In fact, underwriters report that sidewalk-related injuries are the leading liability claim against New York City landlords. Why…
New York’s brownstones are full of charm, but they also present unique risks when it comes to insurance. Their age, architecture, and historic value call for more than a basic homeowners policy. Many insurers won’t cover them at all. The…
New York’s iconic brownstones have always held timeless appeal. While real estate markets naturally fluctuate, brownstones—particularly in Brooklyn and Manhattan—consistently maintain their reputation as highly desirable properties. Their unique architectural character, limited availability and historic charm bolster their value compared…
New York City requires building owners to provide tenants with heat and hot water. Heat requirements go into effect during “Heat Season,” while hot water must be provided year-round, 24 hours a day, at a constant minimum temperature of 120°…
Cooler temperatures and brightly colored foliage herald the arrival of fall here in the New York City area. In addition to clearing leaves from gutters and drains, building owners should inspect their properties inside and out to ensure they can…
You’ve heard the saying “it’s not what you know, it’s who you know.” At City Building Owners Insurance, we make it our business to know what and who. Specifically, we know what’s happening in the industry and who the players…
Insurance providers look at many factors when determining what rate and coverage to offer at renewal. The inherent complexity of the insurance industry can leave property owners confused about the variables that increase their insurance premiums. Some factors will always…
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…