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.
NYC Local Law 88: Lighting Upgrades & Sub-Meters in Mixed-Use Residential Buildings
Jul 01, 2022
Local Law 88 requires most mixed-use residential buildings larger than 25,000 square feet to upgrade lighting in common areas to current NYC energy code, install sub-meters for each non-residential tenant space and provide monthly energy-use statements to sub-metered tenants.
Market Trends & Best Practices: Liability Insurance for NYC Condominiums & Cooperatives in 2022
May 06, 2022
New York City boards and owners are experiencing great difficulty renewing general liability and umbrella insurance policies. FirstService Residential can help.
Looking Forward: Multifamily Construction, Delivery & Investment Activity in New York City
Mar 14, 2022
The multifamily residential sector in New York City made significant strides in 2021 as borough economics continued to recover and transition into a post-pandemic paradigm.