Property Management Blog

5 Key Factors in New York Commercial Property Valuation

The average gross rate for Manhattan offices is $71 per square foot, as reported by Offices.net. Commercial buildings throughout New York City are some of the most valuable in the country due to the city's role as a hub for commerce.When navigating the competitive landscape o...

How to Get Tenants to Renew Leases in New York

As a property owner in New York, keeping your tenants satisfied is essential for maintaining a stable income. Retaining a tenant in a city where 69% of households rent is often much more cost-effective than finding a new one.Tenants are often inundated with housing opti...

Rent-to-Own Homes: A Path to Homeownership in NY

Homeownership is a goal for many-it's not called the American Dream for no reason-but rising costs and stringent loan requirements can make it challenging to achieve. Rent-to-own homes, however, offer an alternative path that combines renting with the option to purchase a pro...

Tips for Rental Property Accounting Records in New York

Did you know that nearly 70% of New York City households rent their homes? This presents excellent opportunities for property owners but also unique financial challenges. Whether you're a seasoned landlord or just starting out, mastering rental property accounting is cru...

Open House Success: Tips for Hosting a Memorable Property Showing in New York

According to Quicken Loans, selling a home in the US can take between 30 and 90 days.This timeline varies depending on the local real estate market and the property type. While market conditions are beyond your control, some factors aren't.Hosting a memorable open house in Ne...

Effective Commercial Property Marketing Strategies for NYC

In 2024, nearly half of B2B marketers in the US are facing budget constraints, including those in commercial real estate. Despite these financial challenges, a well-crafted commercial property marketing strategy can still deliver impressive results.By employing smart tactics, you...

Commercial Property Insurance Options & Claims in New York

According to Dominion Risk Advisors, commercial property insurance in New York has surged upwards by an average of around 20%. Business owners need to know their property coverage options. Safeguarding your investment with robust business asset protection is crucial, but you don&...

Maintenance and Repairs: A Guide to Keeping New York Commercial Properties in Top Shape

New York is a leading financial epicenter in the country. A recent report from the state's comptroller found that New York City alone has approximately 730 million sq ft. The city is also home to around 250,000 businesses.NYC is the ideal location for a commercial property po...

Selling Your Property? How to Create Irresistible New York Real Estate Listings

Real estate listings impact buyers' interest and influence how fast your property sells. They can determine the number of offers you get and affect the final selling price.A National Association of Realtors study shows that 97% of people looking to buy homes in 2020 searched ...

Signs You Need to Hire a Property Management Company in New York City

Managing real estate in New York City can be a complex and time-consuming task. Whether you own a single rental unit or a portfolio of properties, property management responsibilities can quickly become overwhelming.From tenant screening to maintenance requests and legal complian...