Property Management News
Keep up with all the latest news in the property management industry with HPM
As proactive property management experts, we believe that providing resources and education is fundamental to a successful partnership. We don’t just react to issues; we empower our clients with the knowledge to anticipate and address potential challenges effectively. Our commitment to education includes sharing our expertise on preventative maintenance strategies, financial planning for long-term stability, and fostering positive community relations. By offering these resources, we aim to create a collaborative environment where informed decisions lead to increased property value and a more harmonious living experience for residents.
Federal, State & City Property Laws & Regulations Change Constantly | Harlem Condo Education
Property Laws and Regulations: Key Compliance Rules for NYC Condo Boards What Every Board Member Needs to Know Navigating NYC condo association laws can be overwhelming for even the most experienced board members. From property taxes and façade inspections to Fair...
What Types of Rebates Are Available to Your Co-op’s Board? | Harlem Property Management Advice
Co-op Board Rebates: NYC Tax Breaks and Energy Incentives for Your Building When you're managing a residential building in New York City, understanding co-op board rebates is essential to saving money and making smart capital improvements. These rebates are tied...
10 Questions to Ask When Hiring A Property Management Company
Hiring a Harlem property management company to help your condo association, HOA, or co-op association is an excellent step towards improving your community, keeping costs down, and staying one step ahead of all the laws, regulations, and requirements that come with...
Condo & Co-op Management: Upgrades That Are Cost-Effective
Many of the residential buildings in Manhattan and throughout New York City are historic but also in need of upgrades and updates. It’s important to spare no expense when we’re talking about habitability and safety issues, but how does an association board decide...
How Can Your Condo Board Avoid Costly Fines?
Avoiding Condo Board Fines in NYC: What Every Association Needs to Know HPM helps condo boards navigate complex New York City regulations to avoid costly penalties. From the importance of a third-party manager to staying compliant with Local Law 11 and understanding...
Do Your Building Unit Owners Ask Why Are Common Charges So High? | Harlem Property Management Tips
No one likes paying more than they have to for things like maintenance, repairs, and other common charges. If you’re on the board of a condo association, HOA, or co-op, and your owners want to know why their costs keep going up, you need to be transparent. You’re a...
How Much Profit Can a Co-op Board Expect to Earn? | Harlem Building Management
Harlem co-ops don’t necessarily exist to make a profit. Rather, they serve a need for housing in the community. This does not mean they’re nonprofit organizations. Contrary to popular belief, a co-op can earn a profit, and any of those earnings will benefit the...
The Differences between Condo & Co-op Property Management in Harlem, NY
When it’s time to buy a property in Harlem, looking to a condominium or a co-op makes the most sense for a lot of people. Both options offer the benefit of routine maintenance and upkeep for the building, which does not have to be entirely your responsibility. Both...
The Importance of a Third-Party Manager for Your Building | Harlem Property Management
A lot is required of your residential building in Harlem. Homeowners are expecting a safe and pleasant place to live as well as increasing property values. The New York City community and your Upper Manhattan neighbors expect that your building will be safe and sound...