Key Considerations for Maintaining Historic Commercial Buildings in NYC

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, [...]

2025-06-04T15:19:42-04:00June 12th, 2025|

5 Hidden Costs of Managing Your Commercial Property in New York City

Owning commercial property in New York City can be a lucrative investment, but managing it comes with a unique set of financial challenges, many of which are not immediately apparent to new or even seasoned property owners. Beyond taxes and routine maintenance, there are hidden costs that can significantly impact your bottom line. Here are [...]

2025-05-06T13:07:32-04:00May 27th, 2025|

How to Attract and Retain High-Quality Retail Tenants in NYC

New York City is one of the most competitive commercial real estate markets in the world. With an ever-evolving retail landscape shaped by shifting consumer habits, rising rents, and a dynamic urban environment, attracting and retaining high-quality retail tenants is both an art and a science. Landlords who want to stand out in this fast-paced [...]

2025-05-06T12:52:14-04:00May 22nd, 2025|

How Local NYC Regulations Impact Property Management in 2025

Managing commercial property in New York City has always required navigating a complex web of rules, but in 2025, the landscape is more intricate than ever. A surge of new New York City property regulations, driven by climate goals, tenant protections, and technological advancements, is reshaping how property managers operate in the five boroughs. For [...]

2025-05-06T12:01:01-04:00May 1st, 2025|

Understanding the Impact of NYC’s Changing Real Estate Regulations on Property Management

New York City’s commercial real estate market has always been dynamic, but recent changes in its regulatory landscape have created new challenges and opportunities for landlords and property managers. With tenant rights becoming a growing focus of legislative efforts, understanding these evolving policies is critical for staying compliant and running an effective property management operation. [...]

2024-12-18T13:24:06-05:00December 30th, 2024|

Navigating New York City Rental Laws: What Property Owners Need to Know

New York City's rental market operates under one of the most complex regulatory frameworks in the country. For property owners, staying informed about evolving regulations is essential to ensure compliance and avoid costly penalties. Recent legislative updates, particularly the introduction of the Good Cause Eviction Law (GCEL) and amendments to existing rent stabilization rules, have [...]

2024-11-27T11:16:30-05:00November 21st, 2024|

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.

Contact Info

First Class Management, Inc.
102-10 metropolitan avenue
Suite 200
Forest Hills, NY 11375

Phone: 347.829.7768

Fax: 212.918.9037

Web: http://fcmre.com

Go to Top