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Why Your Homeowners Insurance Policy Isn't Enough
Landlords VS Homeowner
I have one building with 6 units in it, what is the difference between having a Homeowners insurance plan vs landlord plan and why should I consider Landlord plan?
A homeowners insurance policy also referred to as an HO3 is designed for an owner occupied home, this is your traditional 1-2 family home where the owner of the property is also a resident. The policy is designed to protect the homeowner who is also the named insured, you have the ability to add different types of endorsements that will not only protect the home but it is designed to protect personal property as well as valuable articles such as fine art and jewelry.
A … read more
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Weather in the News: July and August 2019
Weather Blog
from Shade Tree Meteorology
By Alicia Wasula on Aug 09, 2019 01:42 amAs we change the calendar to a new month, it seems like a good time to review how meteorology has made news headlines this summer. While the weather often makes the news as a front-page headline when there is a high-impact event, the work that meteorologists and other scientists do on a day-to-day basis can help to keep the public safe, project changes in climate that can lead to positive changes in public policy, and engage with schoolchildren and teachers to encourage learning in the field of meteorology. This week, we highlight just a sampling of the many ways that weather, … read more
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Why system upgrades are vital for future revenue streams
Property management is the operation, control, and oversight of real estate as used in its most broad terms. Understanding the aspects and importance of utilizing property management will only assist in property organizations such as it would in the workforce. Be it a prop tech company that’s tailored to simplify daily tasks for smaller owners or a firm that specializes in optimizing a building’s operational performance, the future of property management is in the adaptation of more engaging technologies to support and enhance traditional building operations and services. By doing so, property management tech will not only enhance the overall … read more -
Collaborative Citizen Science
By Kelly Neugent on Aug 01, 2019 01:45 am
Did you know that there are millions of everyday citizens across the world that are helping advance science in a wide variety of disciplines? These citizen scientists (a term that refers to everyday citizens who are intrigued by and passionate about science, but don’t necessarily have a formal scientific background) collaborate with scientists to expand Continue reading "Collaborative Citizen Science"
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Vendor Spotlight: Brian Rischmann, UGI Energy Services
In this installment of our Vendor Spotlight feature, we are excited to introduce our great friend and Energy Expert, Brian Rischmann! Brian is the NY Regional Sales Manager for @UGI Energy Services LLC. Meet Brian!
How long have you been in the business and how did you get started?
I started working with UGI Energy 8 years ago in the talent acquisition sector. I was then offered a position and hired 3 years ago to develop the NYC market in Natural Gas Supply.
Tell us about yourself.
At age 8, I enrolled in a martial arts academy. The following 15+ years I spent training with elite athletes in the martial arts industry from around the world. While in … read more
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How To Deal With New Rent Laws in N.Y.
By Ed Barone
The newly passed NY Housing Stability and Tenant Protection Act of 2019 is still being combed over and every day we are alerted to the problems that landlords will encounter. From protections for rent-stabilized tenants to caps on late fees, landlords are looking for any relief and cost savings while at the same time looking to automate some of the new requirements of the law.
That’s where New York based RentRedi is helping DIY landlords, at least with some of the new changes. First, according to the new statute, tenants must receive a written receipt when they pay rent each month. RentRedi’s platform automatically sends a receipt to the tenant’s phone … read more
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Go Solar and Lower Operating Expenses (it's a guaranteed ROI)
The newly passed rental laws, dubbed the “Tenant Protection Laws of 2019,” have changed the way landlords do business. Landlords are faced with decreased opportunities to increase rent and generate additional income, therefore saving money is, arguably, more important than ever to an owner’s bottom line. Landlords are looking for every avenue to cut operating costs since there are currently little options for rental increases.
There is one investment you can make into your property that promises a guaranteed ROI – Go Solar and lower your operating expenses. LandlordsNY Solar Expert, Best Energy Power has the largest commercial market share in … read more
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Gulf of Mexico Tropical Disturbance/DC Floods/Flood Safety
Weather Blog
from Shade Tree Meteorology
By Alicia Wasula on Jul 10, 2019 02:00 am
You may have heard on the news this week that there is a potential tropical system which is forecast to form in the Gulf of Mexico over the next day or two. Satellite imagery shows a broad area of convection over the Florida panhandle and southern Alabama. This convection will be drifting slowly westward over … Continue reading "Gulf of Mexico Tropical Disturbance/DC Floods/Flood Safety" -
How Will New Laws Impact Landlords?
The newly passed rental laws, dubbed the “Tenant Protection Laws of 2019,” have changed the way landlords do business. One area you may have read bans the use of the “tenant blacklist.” While there is no actual “list”, the “blacklist” is a name commonly used in reference to tenants who have evictions or previous housing court history on their record. The most notable changes to the law as it relates to screening potential applicants are:
- Bans the use of the blacklist or refusing to rent to applicants because they have an eviction on their record.
- Caps the total amount you can charge for credit & background checks at $20 (twenty dollars).
- Mandates that in the … read more
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Leonardo cutoneConEd Offers Bonus Incentives for VFD's
ConEdison has increased incentives for
Variable Speed Drives!
Variable Speed Drives or VSD's can save 30% or more when installed on fan and pump motors. Now get up to 70% of project costs subsided. Project's must be installed by 10/31/2019.
Other terms apply...please give us a call to see if we can help you start saving energy costs with variable speed drives for your building.
Give us a call 212.579.4236
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This Week’s Roundup of Interesting Weather Stories
Weather Blog
from Shade Tree Meteorology
By Kelly Neugent on Jun 27, 2019 06:50 am
A massive plume of dust from the Sahara Desert has made its way all the way across the Atlantic Ocean into the Caribbean and the southeast United States! Known as the Saharan Air Layer (SAL), this very dry mass of dusty air normally forms over the Sahara Desert between late spring through early fall and … Continue reading "This Week’s Roundup of Interesting Weather Stories"
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NOAA: Building A Better Future
Weather Blog
from Shade Tree MeteorologyBy Kelly Neugent on Jun 20, 2019 02:00 amDid you know that The National Oceanic and Atmospheric Administration (NOAA) does more than forecast the weather? NOAA is a scientific agency that observes and predicts conditions in our ocean and atmosphere. From daily weather forecasts to long-term climate monitoring and from fisheries management to marine commerce, NOAA provides communities, decision-makers, and people across the …Continue reading "NOAA: Building A Better Future"
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A Simpler Way to Communicate with Your Tenants
Here’s a scenario: It’s 4pm on a Friday afternoon and you just found out that Con-Ed is shutting down gas in your property for a few hours. As the saying goes, “an ounce of prevention is worth a pound of cure.” You need to communicate with your tenants ASAP before they begin to communicate with you (and we promise, those messages won’t be so happy). What are your options?
- Hang a sign in the elevator and/or common areas.
- Send a sup’t (or go yourself) door to door informing each tenant.
- Call or text all of your tenants.
- Send an email to each one of your tenants.
All of the above will require a substantial investment of time on your part and there’s no … read more
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Should I Consider An Applicant With No Credit History?
As a member of the support team here at Rent Application, and the older brother of a renter in her twenties with very limited credit history, I know first hand the difficulties created for both landlords and applicants in handling the “no credit history” situation when applying for a rental property.
Credit history can be a fast, convenient way to gauge someone’s historical ability to pay bills. However, the lack of credit history should not be equated to a lack of financial responsibility, There are many legitimate reasons an applicant’s credit history may lack information. If one of these situations applies, there are other mechanisms that can help … read more
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What Landlords Need to Know About Local Laws 92 & 94
We have been telling our members for years about the guaranteed ROI of upgrading to solar energy, beyond the obvious environmental benefits. Now it’s not just a suggestion, it’s the law. Local Laws 92 and 94 of 2019 require that roofs of certain buildings be covered in green roofs or solar PV systems. This is part of the “OneNYC 2050” program.
LandlordsNY Solar Expert, Best Energy Power, is an industry leader and New York State approved solar installer - meaning they consistently provide top performance and quality service, always utilizing tier 1 equipment.
Local Laws 92 & 94 apply to all new buildings, building expansions, and structural roof work.
