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Market Trends & Best Practices: Liability Insurance for NYC Condominiums & Cooperatives in 2022
May 06, 2022
New York City boards and owners are experiencing great difficulty renewing general liability and umbrella insurance policies. FirstService Residential can help.
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Looking Forward: Multifamily Construction, Delivery & Investment Activity in New York City
Mar 14, 2022
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.
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FAQ: The Impacts of New York City’s Prevailing Wage Law on Condominium & Cooperative Properties
FAQ: The Impacts of New York City’s Prevailing Wage Law on Condominium & Cooperative Properties
Jan 28, 2022
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.
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FAQ How New York City's COVID Vaccination Requirement Impacts Multifamily Boards & Building Owners FirstService Residential NYC
FAQ: How New York City’s COVID Vaccination Requirement Impacts Boards & Building Owners
Jan 12, 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.
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board meeting NYC
Enforcing Condo & Co-op House Rules the Right Way
Jan 03, 2022
How can you ensure that shareholders/unit owners comply with the established rules without your board becoming the "building bad guys"?
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New York City Council Extends Local Law 152 Inspection Deadlines for Boards & Building Owners | FirstService Residential
New York City Council Extends Local Law 152 Inspection Deadlines for Boards & Building Owners
Nov 22, 2021
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.
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FEMA Flood Insurance for New York City Co-op and Condo Boards and Building Owners - FirstService Residential New York Property Management
Flood Insurance for Condos and Co-ops in New York City
Nov 08, 2021
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.
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Multifamily Investment Activity in New York City
Oct 22, 2021
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.
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FirstService Residential helps condominium and co-operative boards identify effective reserve-fund strategies and properly plan for unplanned equipment replacements and repairs to building systems and facilities.
Reserve Funds & Strategic Budgeting for Condominiums & Cooperatives
Jul 30, 2021
With an effective reserve-fund strategy, boards can properly plan for unplanned equipment replacements and repairs to building systems and facilities.
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FirstService Residential - Climate Mobilization Act - Local Law 97 Emissions Fines for Condominiums and Co-operative Buildings
Local Law 97 Updates: Building Energy Grades & Emissions Compliance
Jul 13, 2021
Local Law 97 impacts roughly 50,000 buildings across the city, a majority of which are multifamily residential properties.