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

… maintenance paymentsbut a lot goes into your role If youre renting out your apartment for the first time you must know … for marketrate renters  similar to  protections  for rentstabilized tenants This will affect how you operate your … fees on owners calculated either as a percentage of an apartments monthly maintenance or a percentage of the rent

By Jennifer White Karp |September 30, 2025 - 3:30PM
Why you should ask about flooding and mold before you sign a lease

… Several years ago I was checking out a duplex for rent and … I pointed them out to the agent showing us the place She insisted it was dust from a recent renovation and … York City because of climate change my approach was exactly what you should not do While an owner is required to …

By Jennifer White Karp |February 20, 2025 - 12:30AM
What you can expect to pay for NYC condo or co-op insurance

… New York City has never been particularly cheap and annual insurance … if youve renovated  A condo or coop insurance policy should cover the cost to rebuild your walls and flooring and redo any renovations though your building will handle the basics said …

By Celia Young |May 3, 2024 - 12:30PM
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 … lawsuitsdrop from $100 million to $1 million on its last renewal  Increased costs can force buildings to raise common charges or maintenance fees But there are ways to lower insurance costs or at least …

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