Property Management

Since 1980, MGRE has been recognized for providing superior professional property management to cooperative and condominium residences throughout metropolitan New York.

Overseen by the hands-on involvement of MGRE's Executive Committee, our full-service property management includes:

  • 24-hour-a-day, 365-day-a-year professional management by experienced, knowledgeable, responsive, and honest Account Executives who are supported by MGRE's expert financial, bookkeeping, and administrative in-house staff
  • 7-day-a-week, round-the-clock emergency availability
  • An internal system of checks and balances that ensures honest, accurate, and expert financial management, including billing and collection of all accounts receivable; monitoring and payment of all accounts payable; cash management of operating and reserve funds; capital project budgeting assistance and budget oversight; cost-control monitoring; contract negotiations; and mortgage refinancing assistance
  • Ongoing maintenance and preventive maintenance of every property's structural and mechanical elements
  • Capital project supervision
  • Building staff supervision, including hiring, training, and disciplinary action as appropriate, and interaction with employee Unions as necessary
  • Timely response to all local, state, and federal laws and regulations governing our client properties
  • Productive, ethical relationships with industry vendors and contractors to ensure the highest quality products and services for our client properties
  • Delivery of comprehensive Monthly Management Reports, including detailed Financial Reports, to Board members and outside accounting and legal professionals before the 15th of every month - guaranteed
  • Preparation for, and attendance at, all Board and Annual meetings, and other property-related meetings as necessary
  • Courteous, responsive communication with Board members, committee members, shareholders, unit owners, and residents
  • A proven track record of maximizing the financial stability, value, and quality of life of client properties while minimizing building expenses and maintenance/common charges
  • On-site management services available