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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.

Homeownership comes with a myriad of benefits, but it also brings a set of responsibilities, particularly when you are part of a Homeowners Association (HOA). The board of directors for the association maintains the integrity and value of a community by establishing HOA regulations that protect resident’s investment as a homeowner.

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.

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.

Transitioning to new management? See these 8 steps to ensure a seamless switch and take the stress out of change.

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

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.

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.

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.

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.

As a board member, you know the importance of making rules and establishing policy; these must be clear and sensible. The process for creating and enforcing rules successfully is the same.

How can you ensure that your association’s parking rules are fair and easy to understand and follow? Here are 6 essential questions to ask before you create or enforce parking policies.

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.