10 questions to ask if you’re a prospective buyer worried about climate change

… that can help mitigate its risk You can look at a buildings flood zone history of past flooding the age of its … into account You can read our stories about evaluating a buildings and a neighborhoods climate change risk and the … river which can cause basement flooding   … 3 Where are the buildings mechanicals stored … A buildings mechanicals are …

By Celia Young |September 19, 2023 - 4:00PM
I need a contractor for a small renovation project, but my co-op requires hefty insurance coverage. How do I find someone to do the job?

… insurance requirements imposed by carriers are forcing buildings and managing agents to adjust alteration … has done work in the building is more likely to satisfy the boards insurance requirements When you are bringing in … I want to do a $25000 kitchen renovation in my coop but the boards new alteration agreements insist on very specific …

By Emily Myers |June 26, 2023 - 9:30AM
Will insurance cover clean up costs and damages after a flood caused by an underground river?

… simply no onesizefitsall policy that covers all buildings and property types Here to help Brick unpack the … by FEMA However this type of insurance is only available to buildings located in flood zones and many underground rivers … caps coverage at $250000 per residence  Many condo and coop boards opt not to purchase flood insurance unless required …

By Evelyn Battaglia |April 25, 2023 - 1:30PM
What NYC buyers can expect to pay in closing costs

… a $750000 property … Homeowners insurance … Coop and condo boards will require you to take out homeowners insurance as … can amount to thousands of dollars as well as part of the buildings insurance costs for the first year … Concessions … …

By Evelyn Battaglia |December 19, 2022 - 12:30PM