BRM DEVELOPMENT Articles

Welcome to our blog, where we dive deep into the world of real estate ownership and management. With years of expertise in property management, we’re excited to share our knowledge, insights, and insider tips to help you navigate the ever-evolving real estate landscape.

Third Party Management
Third Party Management

Commercial Real Estate operation can encompass various complexities across multiple asset classes, including multi-family, medical, retail, and office buildings. Managing these properties requires individuals with extensive experience and expertise. Professional...

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New York City’s Resurgence
New York City’s Resurgence

New York City still maintains the factors which made it great. It boasts a thriving housing market, dynamic job market, diverse higher education opportunities, ample office space, and an unparalleled blend of entertainment, sports, and cultural experiences. These...

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Short Term Interest Rate
Short Term Interest Rate

On Wednesday, May 3rd, the Federal Reserve raised the short-term interest rate to 5.1%, the highest in years.   What does this mean for commercial Real Estate, particularly the multifamily sector? First, the Fed Interest rate affects everything in the economy....

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2023 The Rent Guidelines Board Hearings
2023 The Rent Guidelines Board Hearings

Last week, the NYC Rent Guidelines Board (RGB) started its annual process of reviewing data and taking testimony to propose and approve rent increases on Rent Stabilized apartments in the five boroughs. Their decision will affect approximately one million residential...

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Notice to Residents on Fall/Winter 2020-2021
Notice to Residents on Fall/Winter 2020-2021

Dear Residents, The heating season is around the corner. We hope you all had a healthy and safe summer. As per normal procedures we hired a third-party company to service the boilers and burners as a preventive measure to make sure we enter the heating season...

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Affordable Housing: Supply and Demand
Affordable Housing: Supply and Demand

Uncle Jack’s weekly summer Sunday BBQs brought together our extended family where the debates demonstrated views on a wide political spectrum - capitalist to communist. The conversations were always fascinating, lively, and respectful. One Sunday, Jack’s nephew Marc,...

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Letter To Tenants Regarding Disinfectant
Letter To Tenants Regarding Disinfectant

July 7, 2020 Dear Residents, The health and safety of our residents and employees continue to be our top priority.  We continue to focus on frequent daily cleanings of all high-touch and common areas; however we will begin a quarterly sanitizing & disinfecting...

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BRM on the Job in Phase II
BRM on the Job in Phase II

Since New York States’s PAUSE executive order has shifted into later stages, BRM workers have been out in force to address repairs and maintenance issues which couldn’t be dealt with during the height of the pandemic. Our staff is always equipped with hazmat suits,...

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BRM Offers Assistance to Residents
BRM Offers Assistance to Residents

For the fourth consecutive month since the effects of Covid-19 has affected all aspects everyone's lives, BRM has offered assistance to all residents. Assistance has included: A significant rent discount for continued timely payments Case by case assistance of...

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