Tips for Landlords, Building and Home Owners
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 Building Owners Need to Know About Window Guards
For properties with three or more units, New York City law requires that building owners install and maintain window guards for apartments where a child age 10 years or younger…
Understanding Other Structures Coverage in Homeowners Insurance: What’s Really Protected
What is considered Other Structures on homeowner’s insurance? You’d expect homeowner’s insurance to cover your home from damage, theft and liability. And it does. Your homeowner’s insurance can also offer…
Why Tenant Insurance Is a Must for Landlords
As a landlord, you have insurance to protect your building against a fire, theft or other peril. Should you insist that the people living in it also have insurance? Can…
Key Factors Influencing Insurance Premiums for Rental Properties in NYC
Whether you need to insure a two-family brownstone in Park Slope, a warehouse in the Bronx, or an apartment building on the Upper East Side, insurance companies look at many…
NYC Recycling Programs for Apartment Buildings
New York City's mandatory composting requirement, which went into effect earlier this month, has received extensive news coverage. The city also offers additional programs to help residents recycle unwanted items,…
Understanding Landlord Insurance Costs: How to Get the Best Rates
For many landlords, especially first-timers, the cost of insuring their building may seem mysterious. Why are landlord insurance costs so different from their homeowner’s policy? Why is the rate so…
A New York City Landlord’s Guide to Lead Paint Requirements
Landlords in New York City have specific responsibilities for protecting tenants from lead paint hazards. Local Law 1 of 2004, also known as the Childhood Lead Poisoning Prevention Act, outlines…
Do Insurance Needs Change When the Mortgage Is Paid Off?
Paid off your mortgage? Congratulations! Your monthly mortgage payment probably included extra funds for property taxes and insurance. Of course, you’ll still have to pay taxes. But now that you…