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