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Reactive vs Proactive Property Management in NYC
Reactive Property Management defined by Fines & Chaos This manager's strategy is actually not having a strategy. It is a series of different reactions to mandates from the NYC Department of Buildings (DOB), FDNY, or tenant demands. Compliance: The Cost of Waiting for a Fine Maintenance: Emergency Over Economy Risk Management: Relying on Memory and […]
How the NYC Construction Code Protects Lives and Property Value
New York City, the most expensive, dense, and ambitious real estate market in the world. How does it work? How is this famous city getting this done? With a framework of rules: the NYC Construction Codes. Even though the construction codes seem like pointless red tape, the system is constantly evolving. Actually, these regulations, local […]
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