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 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|

How Property Managers Handle Rent Collection and Lease Enforcement in NYC

Managing rental properties in New York City is a complex task. Property managers must efficiently handle rent collection, lease enforcement, and compliance with local laws, all while ensuring the satisfaction of tenants and property owners. In this article, we’ll explore how property managers in NYC handle rent collection and enforce lease agreements, balancing efficiency with [...]

2024-12-18T13:03:34-05:00December 23rd, 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

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