We have outlined above an organizational plan that is heavily labor intensive.  We currently have a ratio of more than one employee to every building we manage.  Our management fee will reflect the compensation we calculate will be needed to service a particular building to our standards.

We believe our approach to management is extremely cost effective for our clients.  The management fee is but a small component of a building's overall budget.  Our intensive staffing permits us to closely monitor the costs of Supplies, Repairs, Maintenance and most importantly major projects.  Additionally, we implement preventative maintenance programs which save substantial monies in repairs and preserve the building's structural and mechanical systems.

An important additional consideration in judging the costs of our services is our ability to rationally present building problems to a Board so that the Board's decision making is improved while the time spent by volunteer Board members is kept within manageable levels.  In many buildings the Board becomes the Property Manager-In-Fact having to follow up with a non-responsive management firm, and having to independently pursue major projects.  This unwarranted burden on volunteers is a hidden cost of a purely reactive management company.

The relationship between a Board and its Management Company is critical to the reputation of a building, its proper management and perhaps most importantly to the tranquility of the Residency.

We strongly believe in our approach to the management of residential property.  We also realize that this approach would have to meet the requirements of a specific building.  Certain buildings could not support our fee structure.  We would also not be suitable to a building who’s Board, in fact, wishes to self manage while utilizing a management company for purely routine administration.

We again suggest you discuss our firm with our current clients.  A list of all our properties and clients is enclosed.