Tips for Landlords, Building and Home Owners
NYC Landlord’s Guide to Water Sensors and Leak Detection Technology
It’s every landlord’s nightmare: a leak, flood, burst pipe, or overflowing sink or appliance that goes undetected until major, expensive water damage occurs. Landlords and property owners are right to…
5 Steps to Create a Home Inventory for Insurance Protection
Do you have an up-to-date home inventory? If not, you’re not alone: According to a 2023 Insurance Information Institute (III)/Munich Re Consumer Survey, only 47% of homeowners reported having such…
How to Improve Home Security and Safety
Recent reports from the FBI and the Council on Criminal Justice (CCJ) indicate that home burglary rates have dropped in the United States. The FBI Crime Data Explorer shows a…
NYC Launches Containerization Requirements for Residential Trash
On November 12, 2024, new rules went into effect that require smaller properties to put residential trash in dedicated containers. The goal is to eliminate the mountains of trash bags…
Does Your Landlord Insurance Include Loss of Rents Coverage?
If you own a rental property, you’ll want to make sure your landlord insurance includes Loss of Rents coverage. This special protection will replace lost income if a covered event…
NYC Basement Unit Regulations: A Legal Guide for Landlords
Basement apartments in New York City have received extensive press as a potential solution to relieve the city’s ongoing housing crisis. Basement units can offer added revenue potential–but only when…
NYC Sidewalk Law: Implications for Out-of-Possession Property Owners
Landlords can require tenants to be responsible for sidewalk winter conditions per the lease agreement, but be careful. Even if you don’t live in the building and delegate responsibilities for…
A Guide to Understanding Multi-Family Building Insurance
People call our office all the time, wondering why multi-family building insurance is so much higher than homeowners’ insurance. Sometimes they’re even wondering why an insurance company declined to make…
A Landlord’s Guide to NYC Sidewalk Violations
New York City requires property owners to maintain the sidewalks adjacent to their properties. This requirement generally comes down to snow removal and sidewalk repair. Sidewalk violations The Department of…
What NYC Landlords Need to Know About Mandatory Composting
The New York City Department of Sanitation (DSNY) will launch curbside composting for all Bronx, Manhattan and Staten Island residents the week of October 6, 2024. Already available throughout Brooklyn…