It our pleasure to offer you our services in Property Management since 1991. We have extensive experience in every aspect of Real Estate & Property Management. As you will see we are a full service team that encompasses many interests and responsibilities of day to day management, and long term Real Estate holdings, residential sales & apartments for rent .
- Rent Collections
- Analyzing current rent rolls
- Increasing rents with DHCR
- Addressing arrears
- Aggressively collecting arrears
- Marketing apartment to market rents of greater
- Increasing value of apartment to obtain greater rents
- Investigating DHCR for maximum legal rent
- Addressing tenant issues & complaints
- Ordering & scheduling repairs
- Addressing hazardous conditions for repair
- Maintaining proper lighting in all common areas
- Maintaining security & surveillance in all common areas
- Providing doorman
- Providing porter service
- Providing on staff security
- Providing on staff maintenance
- Addressing security concerns
- Installation of all legal notices & signs in common area
- Installing all legal signs in apartments
- Insure all apartments & common areas are HPD, DOB, HUD & DOH ready
- Filing of all HPD, DOB, HUD & DOH notices
- Provide all tenants with proper annual legal notices
- Provide all legal inspections (ex. boiler inspection)
- Review of all utilities for accuracy price
- Address & payment of all utilities
- Provide access for all utility readings
- Review of all the liability and hazard insurance
- Maintaining all proper insurances
- Addressing all legal matters with L&T attorney (hold over, non pay, sublets, vandals, squatters, etc.)
- Strategize each case for efficient & expeditious results
- Preparing & delivery of all necessary evidence, documents to attorney for court
- Daily & weekly overview of each court proceedings
- Responding to court when necessary
- Reviewing & addressing all DOH, DOB, HPD & HUD violations
- Scheduling repairs of all violations
- Filing the corrections of all violations with appropriate agency
- Requesting dismissal of all violations
- Filing for lead exemptions
- Schedule daily & weekly rotation of cleaning of common areas
- Monitor superintendent's activity for productivity
- Set up of vendor for supplies
- Negotiate with vendors for aggressive pricing
- Monitoring of supplies for loss & availability
- Maintaining all income & expenses through a proprietary checking account
- Maintaining an escrow account of accumulated savings through earnings
- Drawing corporate documents & filings as necessary (ex. LLC)
- Focus goal of apartments to destabilization
- Apply for tax shelters, rebates, & abatements, such as MCI, J51, etc
- Through specific enhancements of the property, we will greatly add value to the property (ex. main entrance, common hallways, apartment entry doors, awnings, etc.)
- Work with brokers & agents to list vacant properties
- Prepare apartments & property or showings
- Prepare & provide tenant screening & background checks
- Snow removal & salt application
Scheduled maintenance of:
- Sewer cleaning
- Energy saving light-bulb replacement
- Gutter & leader cleaning
- Yard & roof drain cleaning
- Oil on circulating pumps
- Maintenance & adjustments of hot water system
- Maintenance of boiler system
- Check all common door lock mechanisms
- Check each apartment for leaks & running water
- Check all radiator valves & air valves
- Check all window screens, child guards, window stops & locks
- Check all smoke & carbon detectors
- Check expiration of fire extinguishers
- Check fire escape for durability
- Check chimney & spill switch
- Annual notices to all tenants
- Lease renewals
Bi-annual overview of property & management for maximum efficiency & profits.
Daily, weekly, monthly & annual reports reviewed, prepared, & delivered via phone, fax, messenger and/or FedEx.
The above list is a general scope of our Property Management services. We will be more than happy to customize a management package for you based on your individual needs.
Note: All supplies, materials, broker fees, & all costs of goods & services are above the management fees.
Note: All legal matters & expediting services will be handled through one of our many law firm affiliates, & are billed separate.