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…
While it might sound strange for a property owner to need renter’s insurance, this is often the case for owner-occupied buildings. A number of the building owners we insure in the New York City area require renter’s insurance to protect…
Electronic devices represent the largest, fastest-growing component of hazardous waste sent to landfills, and New York City prohibits residents from disposing of electronics in the trash. Fortunately, the city offers options for building owners facing the challenges of NYC electronics…
Your apartment units will eventually need new appliances. You may be tempted to replace them with garden-variety, low- to mid-priced devices to save money and keep rents low. But consider buying energy-efficient appliances. The equipment might cost more initially, but…
Sure, when tenants move out, they are supposed to leave behind a clean apartment. But apartment building owners know the reality all too well—either nothing gets cleaned or the cleaning job is so slapdash that the tenant might as well…
New York City requires building owners and landlords to notify tenants of procedures to follow if they suspect a gas leak. The notification requirement applies to all tenant-occupied dwellings, including one- and two-family homes. The notice advises tenants to take…
Sadly, many landlords only hear from their insurance partner at renewal time—usually in the form of a bill. We hope this isn’t the case for you because this scenario points to some red flags. First, lack of contact suggests that…
You know your residential building needs insurance protection. What you might not know is how to find the commercial property coverage that best meets your needs. Sure, you will want to consider price, but buying the right policy for your…
Owners of residential apartment buildings in New York City have certain landlord responsibilities for maintenance and safety. Many of these responsibilities are outlined in multiple codes and laws, including the New York City Housing Maintenance Code (HMC) and New York…
Your neighbor’s tree falls on your house or car. Or it’s your tree and your neighbor’s house or car. Or maybe the tree doesn’t fall, but a storm blows a branch through your window. Your tree, your problem? Your neighbor’s…