Articles and News

FirstService Residential Facilitates $739,000 in Incentives for St. Tropez Condo

Dec 04, 2014

First multifamily building to reap rewards from new NYSERDA/Con Edison Demand Management Program

Message from President Dan Wurtzel - 2015 Budget Considerations

Dec 03, 2014

FirstService Residential is in the midst of constructing annual operating and capital budgets for clients whose fiscal year begins on January 1. As you work with your property manager to finalize your budgets, several topics may warrant further consideration by your board this year.

Industry Experts Provide Insight into Local Law 87, NYC Compliance

Dec 02, 2014

FirstService Residential assembled a panel of experts to provide our clients with information and guidance on complying with Local Law 87 – a complex and potentially costly law that requires property owners to audit energy use and retro-commission their buildings every 10 years and submit an Energy Efficiency Report to the NYC Department of Buildings (DOB) documenting the results. The law impacts buildings over 50,000 square feet. Following are key takeaways from “Plotting the Right Course: How Multifamily Properties Can Benefit from Compliance with Local Law 87.”

FS Energy Named Finalist in Competition to Protect City From Storms

Nov 12, 2014

Dan Wurtzel, President of FirstService Residential New York, is quoted in this Real Estate Weekly article on FS Energy's exploration of options to protect the city and keep buildings operational in the face of natural disasters.

Three Bright Ideas for LED Lighting

Nov 11, 2014

So you’ve spent hours searching for ways to save your condo or co-op association money. Your association board looked at every column in your balance sheet. You’ve pored over every statement. You’ve talked to every contractor and vendor. And you’ve searched floor to...ceiling?

To Sell Luxury Condos, Developers Tempt Toddlers

Oct 29, 2014

Two luxury high rises managed by FirstService Residential – New York by Gehry at 8 Spruce Street and 15 Broad Street – are featured in this Wall Street Journal article about the growing allure of on-site classes for residents’ children.

Seven Ways to Close the Revenue Gap and Make Your Property Work For You

Oct 16, 2014

With the unpredictable cost of some repairs, many community associations – at one time or another – find themselves in a position where they need to generate revenue. And though short-term needs may seem pressing, it’s important to look at revenue growth from a long-term perspective.