Tag: apartment owners

Low-Income Residents Face Higher Risk of Deadly Fires Like Bronx High-Rise Apartment Blaze

Brick apartment condo building exterior architecture in Fordham Heights center, Bronx, NYC, Manhattan, New York City with fire escapes, windows, ac units in evening

The deadly fire in a Bronx apartment building was the second such tragedy in low-income housing in the United States this month, highlighting the persistent link between poverty and residential fire deaths. “This is not to say that poverty invariably leads to fires,” said Birgitte Messerschmidt, research director at the National Fire Protection Association. “However,… Continue reading Low-Income Residents Face Higher Risk of Deadly Fires Like Bronx High-Rise Apartment Blaze

Renters, Apartment Owners Bracing for the Worse as Unemployment Lifeline Set to End

multifamily insurance market

Apartment landlords across the U.S. spent the last days of March holding their collective breath while waiting for rent checks to come in. For the most part, they did, thanks to the $2 trillion in emergency relief authorized by Congress to blunt the economic blow of the pandemic. Now, expanded unemployment benefits are expiring and… Continue reading Renters, Apartment Owners Bracing for the Worse as Unemployment Lifeline Set to End