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What Your Condo Corporation Needs to Know About the Legalization of Recreational Cannabis
The Canadian Senate passed Bill C-45 , known as the ‘Cannabis Act’, in June 2018 which legalized the recreational use of cannabis across Canada. The first G-7 country to do so! When Bill C-45 goes into effect on October 17 th , Canadians will be able to purchase, consume and grow up to four cannabis plants, as well as make cannabis-containing products at home. -
Long-Term Community Planning is Your Legacy
Adequate funding and planning preserves your community for future residents. -
Managing Package Deliveries During the Holiday Season
Managing package deliveries has become a necessity for condo associations and as the holidays arrive it's more important than ever to be organized for the onslaught deliveries. Check out our tips for managing packages during this busy time of year. -
Local Law 152: Updated Requirements for Boards and Buildings
Is your building prepared for Local Law 152 gas piping inspections? FirstService Residential recommends getting ahead of schedule to avoid unforeseen deficiencies and costly fines. -
FISP (Local Law 11) - Understanding Cycle 9 Requirements in NYC
FirstService Residential has invested substantial resources to facilitate each of our managed properties with facade inspections and is here to help you navigate the many intricacies of FISP. -
Market Trends & Best Practices: Property Insurance for Boards & Building Owners in 2021
Around the world, the property and casualty insurance industry experienced record losses from 2016 to 2019, and consumers are now feeling the effects on both a macro and micro scale. -
Automating Compliance & Inspections for Multifamily Buildings in NYC
Robust automation software can help boards and building owners in New York City satisfy local law compliance deadlines and inspection cycles. -
5 Things to Know About Adequate Staffing
Does your homeowners association have adequate staff for the services that you provide? Learn how to staff your community effectively. -
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. -
Vendor Communication Best Practices: The Do’s and Don’ts
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. -
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. -
3 Cost Containment Strategies to Minimize Assessment Hikes
Your fiduciary responsibility is the most important commitment to fellow homeowners. Learn cost containment strategies that can save your association money. -
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. -
$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. -
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.