collapsing neighbor, cancelled insurance

[Neil S.]

I have a rental townhouse in Brooklyn, the abandoned neighboring building has been deemed by the city as a building that can potentially collapse. Because of this my insurance policy cancelled the my plan and after working with multiple insurance brokers I cannot find anyone willing to insure my property. Does anyone have any suggestions on what I should do next. Should I consider legal action?

[Aaron K.]

If the property is abandoned there may not be anyone to go after legally, but if there is absolutely do so.  I would talk to the city and see what they can do, they may repossess the property as it is a danger to surrounding buildings and the public, they may even sell it for cheap to an investor, because if it is abandoned chances are that nobody is paying the property taxes either.