As a long-time insurance broker serving Brooklyn’s multifamily property owners, Brownstone Agency observes that their most successful clients share one crucial characteristic: pride of ownership. This isn’t just about maintaining appearances; it’s a comprehensive approach to property management that yields tangible benefits.

Property owners who demonstrate pride of ownership view their buildings as long-term investments. They:

  • Conduct regular preventative maintenance
  • Address repairs promptly
  • Maintain healthy capital improvement reserves
  • Stay ahead of building codes, weatherproofing requirements and, if necessary, preservation guidelines

Brownstone agency

The financial benefits are clear. Well-maintained properties:

  • Attract quality tenants
  • Command better rents
  • Experience lower vacancy rates

These owners typically need to file fewer claims, enjoy better rates, and maintain stronger relationships with insurers. Their properties tend to appreciate more consistently over time.

Most important, these owners recognize that their buildings are part of Brooklyn’s architectural heritage. They balance modern amenities with historical preservation, creating properties that serve both current tenants and future generations.

And here’s a critical question: Is it easier to maintain a property when you’re protected from 20 percent annual insurance increases? Brownstone Agency offers a unique solution: a three-year prepaid product that locks in this year’s rate for three full years. In today’s volatile insurance market, that’s the kind of stability that allows owners to focus on what really matters — maintaining their properties for the long term.

Key takeaways:
• Preventative maintenance saves money long term.
• Regular upkeep leads to better insurance rates.
• Quality maintenance attracts and retains better tenants.
• Proactive repairs prevent costly emergencies.
• Historic preservation adds long-term value.
• Building-code compliance is easier with ongoing maintenance.
• Pride of ownership translates to better return on investment.
• Well-maintained properties appreciate more consistently.

Contact Brownstone Agency today to learn how you can save on your brownstone insurance and lock in your rates for the next three years.

[Photos by Susan De Vries]


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