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.
A Guide to the STAR Program and NYC Tax Abatement for Condo and Coop Owners
NYC Tax Abatement: How Condo and Co-op Owners Can Save with the STAR Program If you own a condo or co-op in New York City, you could lower your property tax abatement through a program called STAR (School Tax Relief). Started in 1997, STAR helps eligible homeowners...
Local Law 152: Ensuring Gas Safety in New York City’s Residential Buildings
NYC Gas Inspection Law: What Building Owners Need to Know About Local Law 152 If you own or manage a residential building in New York City, understanding the NYC gas inspection law—specifically Local Law 152—is essential. At Harlem Property Management, we help condo...
Insurance Unveiled: Essential Coverage for Condo and Co-op Associations in New York City
Essential Insurance for NYC Condo and Co-op Boards: Coverage You Can’t Overlook Understanding the right insurance for NYC condo and co-op boards is crucial for protecting your building, board, and residents. Serving on a board in New York City means managing risk—from...
The Key to New York City Coop Ownership: Understanding Proprietary Leases
Proprietary Leases in NYC Co-ops: What Buyers Should Know Before Signing If you’re planning to buy a co-op in New York City, it’s essential to understand proprietary leases. Unlike condos or single-family homes, co-op purchases don’t come with a deed. Instead, you...
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...