There are approximately 3 million New Yorkers living in New York City’s 6 hurricane evacuation zones. This fall, should a Class 1 hurricane (74 mph) make landfall New York City will order the evacuation of those living in the most flood pro…
Data breaches can happen from hackers, employees, competitors, vendors or other third parties and can be intentional or accidental. It is well documented that even the best security systems are being hacked at an alarming rate. Most recentl…
It starts innocently enough. The plumbing in your building has been giving the residents grief: toilets constantly running, inconsistent water pressure and sputtering faucets. The reserves are low and the three quotes you got from plumbing …
With so many people leading busy, sometimes hectic lives that revolve around work, kids, social functions, and other obligations, it's often very difficult for co-op, condo, and HOA administrators to find residents willing and able to serv…
Boards and associations, just like individuals, carry insurance coverage to protect them from liability, loss and other financial and legal problems, although the issues may be a little different than the typical auto or single-family homeo…
Property insurance, by definition, is a guarantee of compensation for a specific loss or damage to physical property or equipment. Within that broad and simplified explanation there is room for multiple interpretations—and more than enough …
In a city like New York, where even the most profligate among us may shed a tear or two at hotel room prices, the homesharing trend has grown by leaps and bounds, with more co-op and condo owners than ever renting out their units to short-s…
Earthquake insurance is very common in California, for obvious reasons—but what about New York City? Tremors may be vanishingly rare here, but nonetheless, Arthur A. Schwartz's Manhattan condominium building has earthquake insurance, and he…
Q Until last year, our board was elected at the general meeting, with shareholder votes weighted by the number of shares they owned, and with these votes cast as one vote each for seven of the candidates (that being the total number of …
New York City's NoMad [North of Madison Square Park] neighborhood has always flown under the radar, but recently the area has exploded in popularity among New York City's elite. Former first daughter Chelsea Clinton and her financier husba…