Insurance Intel

Residential Buildings with Fire Escapes along a Street in SoHo of New York City
Property Management
Brick webinar recap: How your board can create a realistic budget and manage costs
Brick's budget-planning webinar covered key concerns for NYC co-op and condo boards embarking on budget planning for 2024.
A row of colorful old brick residential buildings with fire escapes and colorful trees during autumn in the East Village of New York City
3 ways to lower your condo or co-op building’s insurance costs
Here are ways NYC co-op and condo buildings can lower their insurance costs, or minimize an increase: 1) Make sure your contractors have insurance, 2)...
Bucket with mob in flooded basement or electrical room
Building Structure & Systems
When your building's basement flooding is caused by an underground river, here's what to do
If your building sits on an underground river, you likely experience flooding in the basement. Here are ways to deal with the overflow and to prevent ...
Can our board ban e-bikes because of the risks posed by lithium-ion batteries?
Lithium-ion batteries used to charge electric mini-vehicles have been linked to fires in NYC apartment buildings. A board can ban this equipment by am...
5 ways your co-op or condo board can get the best deal on your building's insurance policy
With insurance premiums running into the tens of thousands of dollars per year, make sure your building is getting its money’s worth. Unfortunately, c...

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