Prestige Management, Inc.
Prestige Management Inc.
is an established, successful, result oriented, and rapidly growing
professional management company. We are incorporated under the laws of
the State of New York, as a licensed real estate company, specializing in
residential and commercial property management. Prestige Management
strives to provide the highest quality real estate management services
for property owners and residents.
The owners of Prestige Management
have more than 45 years of housing management experience in managing
Condominiums, Cooperatives, properties supervised by the Department of
HUD, DHCR and HPD agencies (Mitchell Lamas); in addition to Low Income
Housing Tax Credit, Privately owned and commercial buildings. We manage
assets of more than 200 million dollars and annual operating budget in
excess of 70 million dollars.
As a mid-sized company, Prestige
Management is able to provide the hands on service and personal care that
is essential and necessary for all our developments, combined with the
experience and technical ability one would expect from a large company.
We employ our expertise in assessing the financial needs of each
development and establish short and long term goals as needed.
We have been challenged by a myriad
of problems during our many years of property management. However our
experience has allowed us to resolve each one successfully. Prestige
Management has, over the years, demonstrated the ability to manage the
physical assets of a development, including, but not limited to marketing
and leasing, rent collection, resolving cash flow problems, preparation
of financial reporting and controls, budgets, as well as addressing other
In addition, we employ a team of
consultants and engineers who are on call; 5 landlord /tenant attorneys
and a corporate attorney. We manage over 50 entities including 65
commercial stores. Our staff comprises of 73 Administrative and building
maintenance staff of over 200.
Our company policy is to maintain a
clean, healthy and safe environment for our residents at all times.
Understanding the needs of the residents is an asset in getting the
desired results for each building. Our management team is capable of
getting the job done without loosing sight of the people aspect of our
While there are basic knowledge and
services to good property management, we realize that quality management
services comes from the correct combination of financial management,
physical maintenance of the property and our relationship and interaction
with the Owners and residents.
Prestige Management Inc. is the property
management company that will “make a difference” for your development by
providing unsurpassed property management services.