Property Management News

Cintas Study Reveals Inconsistent Smoke Detector...

CINCINNATI, Mar 25, 2015 (BUSINESS WIRE) — According to a recent Harris Poll, 90 percent of U.S. adults do not test their smoke alarms monthly, as recommended by the NFPA. Additionally, only 26 percent of U.S. adults conduct annual testing. Fortunately, most property managers do somewhat better than the average person when it comes to smoke alarm testing. To determine how well property managers follow National Fire Protection Association (NFPA) code, Cintas Corporation conducted a survey of 316 property managers to find out how often they test their fire alarms. The survey revealed that less than half of property managers (46 percent) test their smoke alarms on an annual basis, as... Read more

When the manager of Sushi Park, a restaurant in the East Village that was destroyed Thursday in an explosion and fire, alerted the building’s landlord that afternoon...

Renters across the nation are being squeezed by rising rents and stagnant wages. New York City and the surrounding area has seen the most dramatic increase, with rents...

Several groups representing property owners have filed a lawsuit seeking to overturn San Francisco’s new ordinance requiring landlords to provide certain...

An apartment complex near Disney has voided its renter lease agreement that called for tenants to pay $10,000 fines for posting negative reviews on social...

The 25 Most Expensive Cities for Renters

New Yorkers have a little something to celebrate this month. Sure, their city may still be blanketed by a layer of icy slush, with more snow on the way and temperatures heading back down to the teens. Things could be worse, though. They could be living in San Francisco. For the ninth straight month, San Francisco tops the list of the most expensive rental markets in the country, beating New York by a considerable margin. The median rent for a one-bedroom home in San Francisco this month is $3,460 — the highest ever recorded, according to a report by real estate website Zumper. The median one bedroom in New York runs $3,000. The gap for two bedrooms is even larger, with San Franciscans... Read more

If your city or town has a high vacancy rate, it might mean landlords have had difficulty finding and retaining quality renters for their various properties. Though...

Lawmakers in several states are moving to try to make construction-defect laws more stringent, which could make litigation more difficult for home owners who want to sue...

Tiny homes are on the rise. They’re more energy efficient, and there are countless creative ways to maximize minimal space. However, when it comes to the kitchen,...

America’s shift to the urban core has grabbed headlines in recent months. The glamour of big-city lights and high-rise apartment living seemingly have captivated...