Under New York Labor Law Section 240 (1), also known as the Scaffold Law, building owners and/or their managing agents may be held liable for certain on-the-job injuries to contractors. The legislation was enacted in 1885 to protect construction workers…
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…
Shopping for commercial property 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…
When comparing insurance policies for your apartment building, make sure you understand the differences between Basic Form coverage, Broad Form coverage, and Special Form coverage. The first two might save you money in the short term. However, no one wants surprises…
Basement Rentals in New York—Legal or Illegal? Certain basement rentals in New York City are legal, while others are not. First and foremost, the subterranean space must be a basement, not a cellar. According to New York City law, the…
Even if you’re all thumbs when it comes to being handy, there are lots of free and low-cost resources to help you succeed at home maintenance and repair. One can even help you make the world a better place. Hands-On…
Several times a week, people ask us about the difference between an insurance agent and an insurance broker. Here's the short answer: An insurance agent represents a specific insurance carrier and has the power to bind a policy on behalf…
Did you know that the New York City Department of Housing Preservation and Development (HPD) offers free landlord resources? In addition to the information available on its website, HPD also hosts free clinics and classes for landlords. All events take place…
When was the last time you created a home inventory? Having this itemized list of possessions can help you recover from a potential insurance claim faster. First, sharing the home inventory with your insurance broker will help ensure you have…
We're always looking for new topics that might interest New York City landlords. Even so, we find that certain articles keep attracting new readers. Following are the top 3 articles on our site. "What NYC Building Owners Need to Know…