Looking Forward: Emerging Multifamily Rental Trends in New York City
Jan 29, 2024
Multifamily building owners are now considering how to cater to legacy short-term renters, as well as forever tenants. This includes the provision of relevant and enticing amenities, expanded services, and rethinking concessions to maximize their revenue potential.
board meeting NYC
Enforcing Condo and Co-op House Rules the Right Way
Jan 03, 2024
How can you ensure that shareholders/unit owners comply with the established rules without your board becoming the "building bad guys"?
Understanding board challenges: Q&A with CEO David Diestel
Dec 12, 2023
We asked our CEO David Diestel about the distinct needs of condominium and cooperative boards and industry trends that impact building operations.
New York City Condominium and Cooperative Tax Abatement Program - FirstService Residential New York (420x290)
Are You Eligible for New York City’s 2024-2025 Cooperative and Condominium Tax Abatement Program?
Dec 01, 2023
Our experts answered the most frequently asked questions to help owners and shareholders navigate requirements for the 2024-2025 tax abatement cycle.
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.