Navigating New York City’s rent regulation laws can be overwhelming for property owners. With a complex mix of rent-stabilized and rent-controlled units, evolving legislation, and strict compliance requirements, it’s easy to make mistakes that lead to costly penalties. At FCMRE, we help landlords and property managers stay fully compliant while protecting their investments and maintaining [...]
As we enter the 4th quarter of 2025, savvy property owners and managers should begin thinking about the challenges and opportunities to come in 2026. Here are some NYC CRE trends to keep an eye on. Trends to Watch in NYC Commercial Real Estate for 2026 1. Continued Flight to Quality — Class A Wins [...]
When it comes to investing in New York City real estate, two boroughs often dominate the conversation: Brooklyn and Queens. Both have experienced significant growth over the past two decades, transforming from overlooked areas into hotbeds of residential and commercial development. Yet, for an investor, the choice between Brooklyn and Queens isn’t just about reputation—it’s [...]
In a city as fast-paced and competitive as New York, property owners and managers often juggle countless responsibilities. Between tenant requests, compliance with city regulations, and daily operations, it’s easy for building repairs and routine maintenance to slip down the priority list. However, postponing upkeep in New York City can come at a steep cost—financially, [...]
In New York City’s competitive commercial real estate market, sustainability is no longer a “nice to have”—it’s a business imperative. Tenants, investors, and city regulators are all pushing for greener, more energy-efficient buildings. For property owners, sustainable upgrades not only reduce operating costs and comply with regulations like Local Law 97, but they also boost [...]
Managing real estate in New York City is no small feat. Whether you own a single condo in Brooklyn or a portfolio of rental buildings across Manhattan, keeping up with tenant demands, maintenance issues, and local regulations can quickly become overwhelming. That’s where First Class Management (FCMRE) can help you. But how do you know [...]
New York City’s rent stabilization laws are among the most complex and far-reaching in the country. Designed to protect tenants from steep rent increases and ensure housing stability, these regulations create a unique set of responsibilities—and limitations—for property owners. If you own or manage a residential rental property in NYC, understanding the basics of rent [...]
The New York City commercial real estate (CRE) market has always been a dynamic and resilient landscape, shaped by economic cycles, technological innovations, demographic trends, and regulatory shifts. As we look ahead to the next decade, the future of CRE in NYC is poised for transformation. Here’s what property owners, investors, and developers can expect. [...]
New York City is at the forefront of sustainable urban development, offering a range of tax incentives to encourage the construction and retrofitting of green commercial buildings. These incentives not only promote environmental responsibility but also provide financial benefits to property owners and developers. 1. Green Roof Property Tax Abatement The Green Roof Property Tax [...]
New York City is home to some of the most architecturally and culturally significant commercial buildings in the world. From Beaux-Arts masterpieces to early 20th-century skyscrapers, these historic structures contribute to the city's identity and charm. However, owning and maintaining a historic commercial property in NYC comes with unique challenges that require thoughtful planning, compliance, [...]
Our strong, relationships with national retailers, the broader real estate community, contractors, architects, engineers, and local municipalities offer significant benefits to property owners. We're proud to provide the most comprehensive property management services across metropolitan New York and Long Island.
