Local Law 97: 2023 Updates from the New York City Department of Buildings
Sep 20, 2023
The DOB has updated LL97 carbon emissions requirements for boards and building owners, including fines and violations for non-compliance, filing deadlines, and Good Faith Effort.
2023 Insurance Market Trends: General Liability and Umbrella Policy Limits
Jun 29, 2023
Property insurance is among the greatest rising costs for New York City condo and co-op boards, especially general liability and umbrella policies. FirstService Residential can help.
Kelly Dougherty - President FirstService Energy - FirstService Residential New York
$10K Savings in Monthly Electricity Costs Through Community Distributed Generation (CDG) Programs
Apr 03, 2023
FirstService Residential is expected to deliver up to $10K in monthly electricity cost savings to buildings subscribed to a local Community Distributed Generation Program.
2023-2024 Condominium Cooperative Tax Abatement Program - FirstService Residential New York City
New York City’s Cooperative & Condominium Tax Abatement Program: 2023-2024 Updates & Frequently Asked Questions
Dec 09, 2022
To help owners and shareholders navigate requirements for the 2023-2024 tax abatement cycle, our experts answered the most frequently asked questions.
Strategic Budgets for New York City Condominiums & Cooperatives
Ask Our Experts: Strategic Budget Planning for New York City Condominiums & Cooperatives
Nov 14, 2022
FirstService Residential’s in-house financial experts answered the most frequently asked questions about the current economic environment, potential impacts on building budget planning, reserve funds, and the role a property manager plays in the budget process.
The Property Management Paradigm Shift: From Facility Caretaker to Strategic Building Partner
Nov 07, 2022
Increasingly complex building regulations, rising costs, and inflation have shifted the needs of boards and building owners in New York City. The most successful property managers employ teams of experts who can triage the most sensitive issues.
Q4 Trend Report: Multifamily Investment Activity in New York City
Nov 01, 2022
In New York City, record-breaking median rent rates observed in summer 2022 are showing signs of relief, but remain elevated above historic averages.
New York City Building Energy Efficiency Grades
The Ins & Outs of NYC Building Energy Grades
Oct 01, 2022
FirstService Residential and FirstService Energy are prepared to help boards and owners identify capital improvements or retrofits that improve a building's energy efficiency score and letter grade.
Understanding NYC Local Law 31: Lead Paint Inspections for Multifamily Buildings
Aug 01, 2022
New York City recently passed a series of new lead paint inspection laws that dictate how multifamily rental property owners must perform testing and maintenance moving forward.
Multifamily Rental Market Trends - FirstService Residential New York City - Property Management
Trend Report: Multifamily Rental Leasing & Investment Activity in New York City
Jul 27, 2022
Though inflation and economic uncertainty continue to impact property investments and transactions, multifamily stakeholders and institutional owners remain optimistic.