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New York’s Climate Mobilization Act | Frequently Asked Questions
FirstService Residential helps condo and co-op boards navigate CMA compliance, avoid costly fines and identify incentive programs that reduce the cost of building upgrades. -
Local Law 97 Updates: Building Energy Grades & Emissions Compliance
Local Law 97 impacts roughly 50,000 buildings across the city, a majority of which are multifamily residential properties. -
Residential EV Charging Stations: Benefits & Incentives for Multifamily Buildings
FirstService Residential recommends that all boards and building owners consider the installation of EV charging stations and incentives available through NYSERDA and ConEd. -
Multifamily Investment Activity in New York City
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. -
FAQ: How New York City’s COVID Vaccination Requirement Impacts Boards & Building Owners
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. -
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. -
Trend Report: Multifamily Rental Leasing & Investment Activity in New York City
Though inflation and economic uncertainty continue to impact property investments and transactions, multifamily stakeholders and institutional owners remain optimistic. -
Understanding NYC Local Law 31: Lead Paint Inspections for Multifamily Buildings
New York City recently passed a series of new lead paint inspection laws that dictate how multifamily rental property owners must perform testing and maintenance moving forward. -
The Property Management Paradigm Shift: From Facility Caretaker to Strategic Building Partner
Increasingly complex building regulations, rising costs, and inflation have shifted the needs of boards and building owners in New York City. The most successful property managers employ teams of experts who can triage the most sensitive issues. -
What to know about creating HOA policies
Learn why effective HOA policy starts with a strong communication plan. -
$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. -
2023 Insurance Market Trends: General Liability and Umbrella Policy Limits
Property insurance is among the greatest rising costs for New York City condo and co-op boards, especially general liability and umbrella policies. FirstService Residential can help. -
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10 considerations for vendor contracts
When hiring contractors for services within your community, a solid understanding of the vendor contracts is crucial for the success of a project. Depending on the type of project or service you are hiring for, your association may or may not require a bidding process. Soliciting bids is done in an effort to identify the provider that can best complete the work according to the association’s needs and within the given budget. -
8 secrets to a better community budget process
While there is no one perfect process, since every community is different, we do have 8 universal secrets to help streamline your community’s budget process. -
Conducting effective meetings
Association board meetings are the foundation for effective governance of the community. These gatherings serve as the platform where board members, homeowners, and the management team come together to address a range of critical issues, foster community engagement, and ensure the smooth operation of the association. -
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. -
Are EV Charging Stations Worth the Investment?
FirstService Energy's experts answer common questions about EV chargers, including costs, incentives, revenues, and curb appeal. -
Multifamily Rental Trends: Introducing the 485x Tax Exemption for Builders and Developers
New York City hopes to spur construction of multifamily housing with new 485x tax exemptions. -
2024 Insurance Market Trends: General Liability, D&O Coverage, and Umbrella Policies
Experts from our affiliated insurance brokerage share tips for owners, shareholders, and board members to minimize exposure to market volatility.