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POST-EVENT SUMMARY: Protecting your Assets: A Primer on Directors & Officers Liability Insurance
Dec 12, 2017Directors & Officers (D&O) liability claims can come with significant financial consequences. A D&O liability insurance policy is intended to protect directors and officers from damages resulting from allegations of wrongful conduct and lawsuits when acting in their capacity as a board member. FirstService Residential hosted a symposium on November 16, 2017 during which a panel of legal and insurance experts helped attendees better understand how to protect their association and their personal assets in the event of a claim. Read on to learn all event details.
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Can the Landlord Do Anything to Help Prevent Package Theft?
Dec 11, 2017Dan Wurtzel, president of FirstService Residential New York, is quoted in this New York Times article discussing preventative measures concerning package theft in residential buildings. -
Ensuring Compliance with New FDNY Rules for Safety Signs on Doors
Dec 05, 2017The Fire Department of New York (FDNY) adopted new rules requiring multifamily dwellings to place reflective signs on all apartment and stairwell doors. The legislation, FDNY 3 RCNY §505-01 & 505-02, is intended to assist emergency responders in locating apartments and determining where they are headed in a building when responding to a fire or other emergency. Read more to learn details about these requirements.
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City Gives Legionnaires Lessons at New Cooling Tower Academy
Nov 28, 2017President Dan Wurtzel is quoted in this Real Estate Weekly article discussing the importance of educating property managers and building operators to comply with New York City’s cooling tower regulations, ensuring resident safety. FirstService Residential is also credited with organizing initial training drawing over 400 guests. -
FirstService Residential to Pilot Direct to Resident Insurance Program
FirstService Residential to Pilot Direct to Resident Insurance Program
Nov 21, 2017In an effort to continuously enhance the value of every property and the lifestyle of every resident we serve, FirstService Residential is excited to announce a partnership with Lemonade Insurance Company to facilitate homeowners and renters insurance policies for resident within our managed properties.
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NYC Condo complex, Co-op Reduce Annual Debt
FirstService Financial Helps Co-op Reduce Annual Debt Cost by 23 Percent
Nov 13, 2017Ardsley Tenants Corporation, a co-op proudly managed by FirstService Residential, had an existing first mortgage maturing January 1, 2018 with a principal balance of approximately $12 million. Understanding the board’s concerns and long-term debt preference, and factoring in the building’s financial needs, our affiliate FirstService Financial provided several options for consideration, including interest only loans, 30-40 year amortizing loans, and hybrid structures. -
Making a Difference. Every Day. FirstService Residential’s Size and Scope Offers Unique Benefits to Residents and Boards
Making a Difference. Every Day. FirstService Residential’s Size and Scope Offers Unique Benefits to Residents and Boards
Nov 01, 2017Imagine an energy-efficient, fiscally sound co-op, condo, or rental building with a responsive property manager, highly trained service personnel, and an around-the-clock customer care team available to assist residents. It’s not fiction; for more than 500 buildings, with over 70,000 apartments managed by FirstService Residential, it’s a daily reality. -
FirstService Residential Leads List of NYC’s Top Property Management Firms
FirstService Residential Named the Best Among Top Property Management Companies, NYC
Oct 31, 2017FirstService Residential is first in the The Real Deal's recent ranking of top property management firms in New York City. -
HOARDING: Best Practices for Condo and Co-op Boards
Oct 25, 2017Did you know that hoarding can lead to serious (and sometimes fatal) hazards? Residents at your property who suffer from this debilitating disorder not only endanger themselves, but often become a hazard to the rest of the community. Download our whitepaper, "HOARDING: Best Practices for Condo and Co-op Boards," and ensure the safety of every member of your community! -
37th CNYC Housing Conference Provides Board Members With Unique Educational Opportunity
37th CNYC Housing Conference Provides Board Members With Unique Educational Opportunity
Oct 22, 2017The Council of New York Cooperatives & Condominiums (CNYC) is hosting its 37th annual Housing Conference & Expo on Sunday, November 12, 2017. The full-day conference features 66 courses led by industry professionals and designed to help board members better understand the business of managing their building. Click to read more.