As property values continue to outpace inflation, property taxes are taking a bigger bite out of homeowners’ wallets. A new analysis from consulting firm Construction Coverage breaks down property tax rates by state, county, and city to…
Local Law 157 was passed to prevent tragedies like the 2014 East Harlem and 2015 East Village gas explosions. By requiring the installation of natural gas detectors in all residential units with gas appliances by May 1, 2025, the law intend…
In its never-ending battle against rats and other vermin, New York City continues to refine its rules and approach to handling the mountains of garbage produced by more than 8 million people on a daily basis. The latest skirmishes concern s…
For multifamily and mixed-use buildings, simultaneous heating and cooling needs between different tenants and systems bring challenges to both near-term energy management and long-term decarbonization. Combined, space heating and cooling an…
Among the many hazards that can threaten any multifamily building, fire ranks right at the top. Local news is replete with stories about the property loss, structural damage, and even death that a fire can cause. While horrific in small pro…
Technology and communication are advancing and evolving rapidly in today’s fast-paced world. Multifamily buildings—home to residents with diverse needs, expectations, and preferences—present unique security challenges. These buildings must …
A decade ago, I was elected onto the board of a condo of a fairly young building that was plagued with assessments, lawsuits, and other issues. A previous board member—happy to pass on the troubled torch—came over to hand me a binder as pa…
Fostering a sense of community in multifamily buildings and HOAs is essential - not only for the health and happiness of residents, but also for the overall well-being of the property itself. As we navigate our fast-paced, post-pandemic wor…
Your property’s staff—in particular its maintenance staff—is the oil and muscle that keeps your building or HOA in shape and operating from day to day. There’s a reasonable expectation in shared interest communities that the property and it…
It’s a rare but awful occurrence: someone passing by a multistory building, minding their business as they go about their day, is struck by something—a brick, a chunk of masonry, or some other piece of building material—falling from the fac…