News & Views — Featured Articles
Property Damage Loss Waiver Transfers Costs to Negligent Resident
by Charles Kaliades A resident’s pot boils out of control and sets the apartment on fire or an unattended bathtub floods apartment units below. There are dozens of similar scenarios in which a negligent resident damages property that keep apartment owners and managers up at night. Unlike car...
Smokefree Multi-Unit Housing is Trending
by Karen Blumenfeld, Esq. How can multi-unit housing (MUH) property owners reduce operating expenses and create a healthier, greener environment for their tenants and employees? By implementing 100% smoke-free policies for their MUH properties. It’s the newest trend in New Jersey and...
How to Save for Retirement as a Self-employed Individual
by Ken Adel When it comes to saving for retirement, self-employed individuals sometimes face unique challenges compared to employees who work for a company that offers an employer-sponsored retirement plan. It’s fairly easy for employees to participate in a retirement plan at work — all they...
Voilation of Rent Control Can Lead to a Consumer Fraud Claim
by Jonathan Mehl, Esq. A landlord is required to know the laws pertaining to the ownership and operation of a rental property. This includes any municipal rent control ordinance. If, a landlord raises a tenant’s rent in violation of the local rent control ordinance, the landlord can be...
13 Smart Financial Steps to Take in 2013
At this time of the year every year, many Americans dutifully make their New Year’s Resolutions. Unfortunately, many have already broken or forgotten about them before the calendar turns to February. So let’s not call these “New Year’s Financial Resolutions.” Instead, here are 13 smart financial...
Feinstein Raiss Kelin & Booker (FRKB) Obtains Important Victory for Landlords
• Judgment for possession in favor of a New Jersey landlord marks significant victory for multi-family property owners affected by the aftermath of super storm Sandy • Case to serve as a model at...
Real Estate Tax Appeals as a Means to Recapturing Operating Expenses
By James L. Esposito, Esquire & Robert Spiotti, Esquire In what could be his most notable quote, Benjamin Franklin once proclaimed that “in this world nothing is certain but death and taxes.” While Mr. Franklin was correct that taxes are a certainty in this life, the amount of property...
The Overwhelming Case for Renters Insurance
In the wake of Sandy, we are reminded of not only the force of mother nature, but, also the tremendous need for good insurance. The power outages, fires and storm damage that we incurred on the East Coast has been catastrophic and devastating. While some escaped with minimum damage such as...
Budget Friendly Ways to Paint The Town “Green”: Turning Green Amenities Into Money for Your Property
By Timothy Upshur With approximately 80 million Gen Y-ers expected to flood the market, an increasing number of multifamily properties see how green amenities can serve as a vital selling point to attract environmentally conscious renters and are making budget friendly green investments to use...
What You Should Know About Towing
The amended Predatory Towing Prevention Act became effective in New Jersey on April 15, 2009. The amended Act regulates tows from private property, and tows initiated by law enforcement, without the prior consent of the vehicle's owner or operator. Towing from private property Unattended cars...