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Services
The following are some of the
services we provide in trying to achieve our goal of excellence in
property management.
FINANCE/ACCOUNTING
- Establishing bank
accounts for depository of funds
- Collection of rent and or
other charges and receivables
- Disbursements e.g.
vendors, mortgagee, City, State and Federal agencies
- Budget preparation and
administration
- Bank account
reconciliation
- Preparation of monthly
financial reports
- Payroll administration
- Purchasing and inventory
control
- Reserve fund transactions
- Procuring cost effective
insurance policies
MAINTENANCE AND OPERATION
- Staff supervision:
assessment, training, motivation
- Preventive maintenance
- Labor relations and
negotiation (Union)
- Supervision of work
orders
- Determine and provide for
security needs
ADMINISTRATION
- Maintaining applicable
files and records
- Maintenance of applicant
waiting list
- Preparation of
residential leases
- Conducting income reviews
and certification for government subsidy programs
- Negotiation and
administration of vendor service contracts
SPECIAL SERVICES
- Capital improvement
planning and monitoring
- Property re-financing
- Obtaining grants
- Negotiation and
preparation of commercial leases
- Marketing and rent-up
- Co-op/condo unit sale
- “Back-office”
CONSTRUCTION MANAGEMENT SERVICES
The day to day responsibility of
construction management need not take up an owner’s time and effort. With
Prestige Management providing the “hands on” service that has become a
part of our reputation, the owner is able to focus on other aspects of
the housing company’s operations.
We provide the following services
to coop boards, real estate developers, financial institutions and
government agencies:
- Oversight of Construction
projects
- Pre-construction services
- Preparation, review and
analysis of construction documents
- Daily site inspections
- Preparation of
construction status reports and construction observation reports
- Analyze job adjustments
and deviations from specs and make the necessary recommendations
- Review change orders
- Monitor progress schedule
- Maintain OSHC regulations
while construction is in progress
- Coordinate efforts of all
applicable construction professionals, i.e., architects, engineers
and contractors etc.
- Assigns a project manager
to ensure that the contract is executed according to the job
specifications
- Provide necessary updates
and information to the residents
- Transitional management
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