© 2017 | LIVING MANAGEMENT LLC

Services

About Our Services

Living Management provides property management solutions that add value for our clients and their assets. The firm employs a proactive, experienced team of property management professionals that are equally skilled at managing multifamily residential, small and large condominium/co-op buildings, single condominium units and commercial buildings.

 

Selecting a property management company in New York City is a big decision. Livingston has the experience and track record to provide excellent service to achieve our client objectives.

Our Experience

Our staff has the experience and knowledge to provide the highest level of service to both our clients, tenants, and unit owners. We are dedicated to providing an excellent client service experience through good communication, accurate property accounting, and utilizing the best technology.  Clients hire us to help make critical decisions regarding the management of their real estate assets in order to increase the value of the real estate. 

Multifamily Management

 

Living Management is committed to providing the best comprehensive property management for multifamily rental properties in New York City. Our services include the following:

  • Rent Collection

  • Yardi based financial reporting

  • Residential and commercial leasing

  • Lease renewal processing

  • Commercial and residential lease abstracting and administration

  • Invoice processing and operating expense payment

  • Violation clearing

  • 3-day notice filing

  • Vendor contract negotiating

  • Preventative maintenance

  • Core vendor selection and management

  • Capital improvement and MCI filings

  • Project management

  • Tax protest filing

  • Insurance and policy renewal review

  • Energy efficiency benchmarking

  • Local Law 84, 87, and 88 compliance

  • Elevator inspection compliance

  • Boiler and HVAC service contracts

  • Fire extinguisher inspection and smoke/Co2 detector compliance

  • Pest control management

  • Roof and exterior inspection

  • Emergency plumbing and leak response

  • 24/7 disaster management response

  • Janitorial, trash, and cleaning supervision

Condo & Co-Op Building Management

 

We believe that effective co-op and condo building management starts with excellent communication between the Board and the managing agent. As managing agents, we effectively oversee the day-to-day operations of each building by understanding and following the direction of the Board.

Administrative Services

We provide the following comprehensive financial management and reporting services:

  • Collection of maintenance fees and common charges

  • Record of income and expenses

  • Preparation of annual budget

  • Payment of employment taxes and workers compensation

  • Establishment of maintenance contracts

  • Payment of all building expenses

  • Maintain records of insurance

  • Other services as required

On-Site Services

  • Trash management and common area cleaning

  • Common area inspection

  • Vendor access coordination

  • Project management

  • Staff supervision

  • Other duties as required

Board Reporting

  • Meeting Agenda

  • Manager’s Report

  • Minutes

  • Jobs Report

  • Correspondence Report

  • Bid Analysis

Condo Unit Management

 

For investor condo unit owners seeking management, leasing, compliance, rent collection, lease enforcement, and a point of contact for tenant, managing agent and condo Board.

We offer a complete management solution for absentee condo unit owners.

Condominium unit management is a specialized property management service which is increasingly needed as investors purchase condo units as investments. This service is designed for condo owners who choose to rent out individual condo units and need the management services that Living Management provides. As pioneers of this management niche, we provide the most comprehensive and detailed level of condo unit management that can be found in New York City.  Our combined management and leasing services allow for a seamless end-to-end process that maximizes our client’s rate of return.

 

Below is a list of services that we provide related to individual condo unit management:

  • Unit leasing

  • Lease drafting with special compliance riders

  • Application processing, credit, and background checks

  • Condo Board package preparation and submission

  • Move-in/ move-out coordination

  • Tenant security deposit processing for new accounts and closeouts

  • Coordination with on-site building staff

  • HVAC units service contracts

  • 24/7 call answering for all tenant inquiries

  • Emergency response services

  • Expediting of all maintenance requests

  • Rent collection

  • Online rent collection

  • Tenant portal for submission of maintenance requests

  • Verifying renters insurance policy

  • Unit inspection and property evaluation

  • Lease enforcement

  • Lease renewal services

  • Monthly financial reports

  • Coordination of tax and legal services

  • Contact owner for repair approvals

  • Coordinate with building managing agent for all repairs

  • Completion of condo Board Alterations Agreement

  • Secure proper insurance certification for vendors

  • Unit insurance policy quotes

  • Tenant renter insurance verification

  • Lease enforcement

  • Lease renewals and rent increases

  • Establishment of client trust account to deposit rents and pay expenses

  • Payment of mortgage

  • Payment of unit property taxes

  • Payment of unit common charges and other building fees

  • Provide monthly report of all income and expenses

  • Asset analysis reports with sales comps

  • Unit listing and marketing for re-sale

Commercial Management

 

Services

  • Maintenance coordination

  • Vendor relations

  • Obtaining multiple vendor quotes

  • Vendor contract administration

  • Yardi bookkeeping

  • Performing bank reconciliations

  • Maintaining a complete set of books – general ledger, balance sheet, and trial balance records

  • Maintaining client trust accounts

  • Receiving all rent payments

  • Applying all late fees

  • Paying all expenses

  • Compiling monthly owner reports

  • Compiling year end reports

  • Commercial lease abstracting and administration

  • Commercial leasing

 

Commercial Condo Management

Services

  • Offering plan compliance

  • Annual budgeting

  • Utility monitoring

  • Online common charge payment

  • Online maintenance submission

  • Maintenance coordination

  • Vendor relations

  • Obtaining multiple vendor quotes

  • Vendor contract administration

  • Yardi Voyager bookkeeping

  • Performing bank reconciliations

  • Maintaining complete set of books – general ledger, balance sheet, and trial balance records

  • Maintaining client trust accounts.

  • Receiving all common charge payments

  • Applying all late fees

  • Paying all expenses

  • Compiling monthly owner reports

  • Compiling year end reports

  • Commercial lease abstracting and administration

  • Commercial leasing and condo subleasing