Power Tools for Property Managers

According to New York Research Firm, Reis Inc., there's a large increase in the number of empty apartments in the United States. "The average vacancy rate for the 79 largest U.S. markets rose to 5.9% in the fourth quarter, up from 5.5% in the third quarter and 5.7% a year earlier." The combination of rising rents, increased supply from failed condo projects, and seasonal factors have instigated this dramatic change. The markets with the most vacant units include Little Rock, Ark., Palm Beach, Fla., and Baltimore.

Posted on January 8 at 11:38 AM | Permanent Link | Add a Comment (0)

Environmentally responsible cleaning products can be found at many supermarkets these days, and both the private and public sectors are going green for a healthier indoor work space. The federal government, for example, "now has a green purchasing policy concerning its office buildings." The entire New York public school system also uses environmentally sound products since the Governor signed an executive order proclaiming that they must be used whenever possible. Some of the benefits of green cleaning products include a healthier workplace, reduction of liability, and improved safety of janitors.

Posted on January 4 at 10:55 AM | Permanent Link | Add a Comment (0)