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Are You Eligible for New York City’s 2024-2025 Cooperative and Condominium Tax Abatement Program?
Our experts answered the most frequently asked questions to help owners and shareholders navigate requirements for the 2024-2025 tax abatement cycle. -
Six steps to implement EV charging in high-rise condos
No longer the products of science fiction fantasy, electric cars are now a reality of everyday life. While the reduced emissions of personal electric vehicles, or PEVs, are good news for the environment, their charging requirements may create challenges for condo associations trying to navigate their infrastructure requirements, legal implications, management concerns and even aesthetic considerations. -
$10K savings in monthly electricity costs through Community Distributed Generation (CDG) programs
FirstService Residential is expected to deliver up to $10K in monthly electricity cost savings to buildings subscribed to a local Community Distributed Generation Program. -
Local Law 97: 2023 updates from the New York City Department of Buildings
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. -
Effective HOA Communication Tools: Why the Right Technology Matters
Be honest: How good are your association’s HOA communication tools? Can residents and board members readily contact each other and your management company? Does your method of exchanging information ensure safety, privacy, and compliance with NJ HOA laws? -
Looking Forward: Emerging Multifamily Rental Trends in New York City
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.