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Flood Insurance for Condos and Co-ops in New York City
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. -
Navigating the basics of homeowners association insurance
Homeowner's associations (HOAs) have many responsibilities that can be difficult to keep up with. One of the main ones is selecting community association insurance. HOA’s should carefully consider the type and extent of coverage they purchase from an insurance provider. The right policy can help protect your investment while minimizing risk. -
New York City Council Extends Local Law 152 Inspection Deadlines for Boards & Building Owners
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. -
FAQ: The Impacts of the New York Prevailing Wage Law on Condominiums & Cooperatives
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. -
How an HOA Preventative Maintenance Plan Can Keep Your Community From Walking on Thin Ice
Cold weather is upon us, so now is the time for your HOA to make sure your maintenance program is on track. Read this article to learn more. -
Talent and Supply Chain Disruptions
Has your community association been affected by labor shortages? Learn more about supply chain issues and how to address them in your community. -
Talent and Supply Chain Disruptions
Has your community association been affected by labor shortages? Learn more about supply chain issues and how to address them in your community. -
Talent and Supply Chain Disruptions
Has your community association been affected by labor shortages? Learn more about supply chain issues and how to address them in your community. -
Looking Forward: Multifamily Investment, Construction, & Delivery Activity in New York City
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. -
7 Factors to Consider When Hiring a Property Manager
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. -
How an HOA Preventative Maintenance Plan Can Keep Your Community From Walking on Thin Ice
As a property manager, you always have to make sure your preventive maintenance program is on track. Read this article to learn more. -
High-Rise Insurance: Seven Tips to Cover Your Property
Life in a high-rise property has its rewards. With great amenities, good security, and even concierge services, there are many advantages that are specific to just this kind of lifestyle. Similarly, there are specific requirements when it comes to insuring it, too. High-rises often have multiple residences, each with their own policies, plus shared common spaces, which also require coverage. Here are a few areas to help you determine if you and your high-rise community is adequately covered. -
7 Factors to Consider When Hiring a Property Management Company
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. -
7 Factors to Consider When Hiring a Property Management Company
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. -
Market Trends & Best Practices: Liability Insurance for NYC Condominiums & Cooperatives in 2022
New York City boards and owners are experiencing great difficulty renewing general liability and umbrella insurance policies. FirstService Residential can help. -
Preparing for A Storm During Supply Chain Shortages
As the supply chain crisis continues to linger with no end in sight, proper storm preparation means considering supply shortages. Read on for 6 things to consider as your board prepares for the upcoming storm season. -
Do Associations Need to Adjust Wages for Their Staff to Stay in the Game?
The labor shortage is drastically affecting the property management industry, and wages are playing a big role. Learn what you should know to help navigate today’s labor market. -
Do Associations Need to Adjust Wages For their Staff to Stay in the Game?
Wages are playing a big role in the labor shortage challenge. Learn what your community association can do. -
Do Associations Need to Adjust Wages For their Staff to Stay in the Game?
Wages are playing a big role in the labor shortage challenge. Learn what your community association can do. -
Do Associations Need to Adjust Wages for Their Staff to Stay in the Game?
The labor shortage is drastically affecting the property management industry, and wages are playing a big role. Learn what you should know to help navigate today’s labor market. -
Emergency Preparedness Planning: Keeping Calm in a Crisis
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. -
12 To-Do’s for Ultimate HOA Landscaping Maintenance!
A good spring-cleaning can do wonders for your community association. Here are some tips to get your started. -
Avoid Maintenance Surprises with a Property Maintenance Plan
There is no way to avoid surprises when it comes to the maintenance of your community. Preventative maintenance ensures that your systems are keeping future problems at bay; predictive maintenance is also effective. -
Which of These Three Maintenance Styles Describes You?
Nothing bites into your budget like maintenance issues. Whether it’s the grounds keeping and upkeep that you pay for on a regular basis or those surprise projects (natural disasters, anyone?) that sneak up on you, maintenance can account for an average of 25% or more of your overall expenditures.