New landlord: 10 tips if you're renting out a NYC apartment for the first time

… Becoming a landlord can provide income to offset the expenses of owning a place in New York Citylike your … the transition to maintaining housing for someone else is a whole new ballgame Editors note A previous version of … qualified and responsible tenants You must also know whats allowed under state and city laws and your buildings …

By Jennifer White Karp |September 30, 2025 - 3:30PM
How to tell if your apartment has mold—and how to get rid of it

… that under  NYC law owners of buildings with three or more apartments  are required to keep their tenants apartments free of mold and pests  and address the … removing a light fixture to allow air into the ceiling cleaning and treating all surfaces with an antimicrobial …

By Evelyn Battaglia |August 18, 2025 - 12:30PM
What you can expect to pay for NYC condo or co-op insurance

… to make sure the property is insured to its full value Your policys cost will depend on the value of your home its … because a condo or coop building will have a master policy that protects the entire property including its … spaces and the board in the event of a lawsuit A master policy however doesnt eliminate the need to insure your own …

By Celia Young |May 3, 2024 - 12:30PM
Brick webinar recap: How your board can create a realistic budget and manage costs

… the cost for components that are aging … Is it worth locking in a price for energy … Because prices fluctuate for … or less per apartment For buildings that have fewer than 30 units the exemption is based on an average assessed value of … smaller projects at least double in price Levine said He offered the following suggestions Keep your building clear …

By Jennifer White Karp |October 19, 2023 - 5:15PM
3 ways to lower your condo or co-op building’s insurance costs

… Insurance can be a life saver for condo and coop buildings facing problems such as flooding … Elbaz the founder and president of property manager Esquire Management Corporation which manages 800 apartments in … with your insurance company Worters says A condo or coop association should do anything they can to reduce existing …

By Celia Young |October 4, 2023 - 12:30PM