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As different sectors of New York City’s economy recover from the COVID-19 pandemic, strong signs of life are emerging in multifamily rental property investment.

The rising cost of flood insurance and forthcoming changes to FEMA flood maps is a topic of discussion for condos and co-ops in the New York City area.

As of November 2021, the New York City Council has extended Local Law 152 gas pipeline inspection deadlines for boards and building owners through June 30, 2022.

As of December 27, 2021, New York City’s Department of Health requires building workers who perform in-person work to show proof of vaccination to their employer.

Beginning July 1, 2022, condominium and cooperative buildings in New York City must begin to pay building workers a prevailing wage or forfeit their eligibility for the Cooperative and Condominium Property Tax Abatement.

Becoming a board member is a great way to engage with your neighbors and create positive changes in your community. But sometimes, new volunteers have little to no experience and must learn the community's rules, the board’s responsibilities and the demands of their roles as they go

Open and effective communication among the board, management company and vendors is an important part of any community's operating budget and for improving residents' lifestyles.

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.

Partnering with a property management company is a big step. Learn what to consider when deciding which one is right for you and your association.

Hiring a property management company is a big step that will have a decisive impact on your community for years to come. Learn what factors to consider.

Partnering with a property management company is a big step. Learn what to consider when deciding which one is right for you and your association.

New York City boards and owners are experiencing great difficulty renewing general liability and umbrella insurance policies. FirstService Residential can help.

As a board member you know the importance of making rules. The key to association policy making is that rules be clear, sensible and clearly communicated to residents.

No board ever wants to find itself in the midst of an emergency, but they happen. Whether you face an outbreak of illness, an earthquake, a hurricane, a fire, the impact of any devastating event can be minimized by good emergency preparedness planning.

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.

A successful capital improvement project requires a lot of planning to ensure that things go as smoothly as possible. Does your community know where to start?

Insurance costs are rising, and budgeting for higher insurance premiums has become increasingly challenging for associations. Learn best practices for managing insurance premium increases.

Insurance costs are rising, and budgeting for higher insurance premiums has become increasingly challenging for associations. Learn best practices for managing insurance premium increases.

Insurance costs are rising, and budgeting for higher insurance premiums has become increasingly challenging for associations. Learn best practices for managing insurance premium increases.

Insurance costs are rising, and budgeting for higher insurance premiums has become increasingly challenging for associations. Learn best practices for managing insurance premium increases.

A dedicated board of directors, engaged residents and a clear understanding of all roles and responsibilities are just a few critical ingredients for a thriving community.

Your board's strength lies in the diversity of its members and their different points of view, but this can also present challenges. Learn how to establish clear board meeting rules!

What are key ingredients of a great community? Committed residents, a dedicated board and a clear understanding of everyone's roles and responsibilities, and you have the recipe for success.

The greatest strength of your board is the diverse perspectives of its members, but this can also present the biggest challenges. Creating the right dynamics will help your association board conduct business smoothly and efficiently.