Key Real Estate Associates, LLC
is a full service real estate company, offering a wide range
of services to cooperatives, condominiums and rental properties
in the New York metropolitan area. The firm manages 30 buildings
comprised of approximately 2,750 units.
The principals of the firm have instilled in our professional
staff the need to be aware of and responsive to the problems
facing both ownership and management. Our staff of 17 employees
includes account executives, assistants, accounting clerks,
closing/transfer agents and other support with expertise in
all facets of residential property management including finance,
building repairs and maintenance, New York City code and regulation
compliance, sales and leasing, supervision of staff, etc.
Our job is to ensure the safety and well being of all residents
and to work closely with your building’s Board. We emphasize
effective upkeep of the physical plant and a pro-active approach
to addressing the maintenance and repair of all major building
systems. We develop preventive maintenance programs to assure
the most efficient use of your building’s staff and
work to prolong the longevity of the various building systems.
In conjunction with the physical management of the property,
capable financial management is essential. At KEY, we review
and carefully monitor all building expenses and budget variances
to reduce costs incurred. Our financial statements are thorough
easily read and are presented in a timely fashion. Annual
budgets are prepared and submitted for review well in advance
of every new fiscal year.
Effective property management begins with an open line of
communication between the managing agent and the Board in
every regard including building conditions, general policies
and day-to-day operations. This approach is augmented by on-going
discussion of changes in local laws, legislation, etc. Efficient
management is delivered through KEY’s team approach,
attention to cost effective methods and our various computer
services. Professionalism is achieved by the hiring and continual
training of intelligent, experienced managers and support
KEY maintains a property to manager ratio of six (6) to seven
(7) buildings per account executive. Experience has proven
that this is the optimal number of properties for an account
executive to oversee in order to assure and preserve hands-on
involvement and regular contact between the manager, building
personnel, the Board and Key support staff.
KEY Real Estate Associates, LLC. is a unique management firm
that delivers personalized service.