The True Cost of Deferred Maintenance in NYC Buildings

In New York City, tight margins and competing capital demands can make deferred maintenance look like a short-term win. But what often starts as a postponed boiler tune-up or delayed façade repair quickly becomes a cascade of higher costs, regulatory headaches, and tenant churn. Below, we unpack the hidden risks, real-world case studies, and why [...]

2025-10-22T12:32:35-04:00October 29th, 2025|

5 Costly Mistakes New Property Owners Make and How to Avoid Them

Becoming a property owner can be rewarding, offering a steady stream of income and long-term financial security. However, stepping into the world of property management without the proper preparation can lead to costly mistakes that eat into your profits and cause unnecessary stress. Whether you’re managing a single rental unit or several properties, avoiding common [...]

2025-01-21T06:59:41-05:00December 18th, 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

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