Understanding and adapting to today's NYC residential rent collection takes more creativity, system, and maneuverability than any time in the recent past. At STRATCO, we have applied a minimally invasive and scientific approach to both maximize the opportunity to reach 100% collections and reduce administrative costs on our projects. Should you be facing a challenge [...]
STRATCO is offering technical support and incentives for building developers that are doing gut rehabilitation projects. We will review your scope and provide a scenario analysis of project success. Click here to learn more about the Energy Star Program. What is the Energy Star Program for NYC? This program intends to promote the increased levels [...]
Multifamily building owners that recently installed/upgraded to a more efficient boiler plant(s) may qualify to receive a retroactive incentive for the project completion. Should you want to learn more other gas-related and HVAC rebates/incentives available for 2021 or have specific questions you may contact us.
SESSION INFORMATION STRATCO has partnered with the CUNY Building Performance Lab to bring residential building owners an innovative training program for their frontline building staff on how to operate more efficiently in terms of energy consumption and preventative maintenance. STRATCO clients can register for this free sustainability course. Upgrade your staff with the latest energy [...]
Recent Changes to Local Law 97 of 2019: On October 29, 2020 the NYC City Council enacted Intro Bill 1947-2020A that amends the definition of rent-regulated accommodations to include only dwellings in which 35% or more of the dwelling units are required to be rent-regulated. To learn more, click here.
STRATCO is leading the way on using energy data to allocate time and capital. Join Rob Sedaghatpour as he moderates a panel with the team at Fairstead Capital. Fairstead is a national property owner and industry leader in the NYC market. Our clients will benefit from the following: How to source, organize, and analyze energy [...]
STRATCO is leading the way on obtaining recapitalization and project energy efficiency financing for its NYC clients. While C-PACE has not launched yet in NYC, there is meaningful guidance on how owner's may improve their bottom line upon enactment. Join Rob Sedaghatpour as he moderates with 2 leading players in this industry niche. Our clients [...]
Managing uncertainty and unforeseen circumstances are a constant part of a real estate developer’s purview. One year ago, many of us would never have envisioned, let alone underwritten, today’s reality of a 25% vacancy rate in prime market-rate buildings along with a collections rate of only 70%. At STRATCO, we believe that risk mitigation is [...]
STRATCO Property Solutions will assist you to comply with LL84/LL133, LL87, and LL97 and avoid the next upcoming fines. We provide a simple way to achieve insights-driven benchmarking, Energy Star certification, and local laws compliance. We help owners of industrial, commercial, and multifamily facilities deliver cost-saving energy efficiency solutions. Contact us to obtain a complimentary [...]
We’ve provided a brief synopsis of the most impactful legislative items affecting NYC multi-family. Annual Rent Registrations In response to the COVID-19 pandemic crisis, DHCR has extended the July 31 deadline for filing the 2020 Annual Rent Registrations to September 30, 2020. Read here to learn about about these items.