@Jim King nailed it

My personal opinion and I could be wrong here, is that there is little incentive for property managers to preserve the human capital they have in their tenants.

Most are run through the New York City Department of Housing Preservation and Development (HPD).This is a complex topic to try and cover in a forum post because the programs and their requirements all vary significantly and I would need a lot more information on the project to be able to give any meaningful feedback.

And while I don't know for certain, I imagine there are benefits of preserving chain of title by getting title insurance.

Hey everyone, I own a home improvement business and was wondering if property preservation was a good way to fill that lousy down time is contractors don't want.

Tenant shall comply with any and all laws, ordinances, rules and orders of any and all governmental or quasi-governmental authorities affecting the cleanliness, use, occupancy and preservation of the Premises.6.

I guess that would be one of the safer ways to accumulate interest while preserving capital.

#1 of most of the city officials goals is to "preserve the character" of the area.

@Austin Fruechting - nailed it. 

This just smells like a HUD trap, where they are really vague about this so that they can essentially nail a landlord if they want to, but as the landlord, you don't really know when you are breaking the law.