What You Need to Know about Storms and Tree Damage
From summer thunderstorms to tropical storms and hurricanes, Mother Nature has a way of keeping us on our toes—indoors and hoping the power stays on. Trees often provide the most…
Do you need an umbrella policy for a rainy day?
Once you've found the right commercial property coverage for your residential building, the final item you should consider is an umbrella policy, sometimes known as an excess liability policy. This…
How to Choose Directors and Officers Liability Insurance
In our litigious society, association boards and property managers need to protect themselves against legal action. Consider the following examples of actual disputes: One association board spent $1 million defending…
Do Insurance Needs Change When the Mortgage Is Paid Off?
Congratulations! You’ve paid off your mortgage. Your mortgage payment probably included extra funds for property taxes and insurance. Of course, you’ll still have to pay taxes. But now that you…
Quiz: Test Your Fire Safety Knowledge
The Fire Department City of New York (FDNY) responds to more than 2,000 structural fires (those that occur in buildings) each month. Hopefully, you’ll never be involved in such an…
Request a Free Tree from the NYC Parks Department
Did you know that New York City property owners can request to have a free tree planted on their street? Among its many duties, the New York City Department of…
Does Your Insurance Policy Match the Property Deed?
Does the name on your insurance policy match the name on your property deed? This might sound like a trick question. Unfortunately, it’s a situation that we’ve encountered a couple…
Ordinance or Law Insurance Coverage: A Smart Move for New York City Building Owners
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…
Considerations for Finishing a New York City Basement or Cellar
While finishing a basement can expand a home’s living space, this home improvement project carries additional considerations in the five boroughs. Other blog posts address New York City requirements for basement…
A Move-in Checklist for NYC Area Landlords
Your tenant has signed a lease. The moving date is set. Now all you have to do is sit back and collect rent, right? There’s one more important step that…