By Ryan O’Connor, Vice President and Managing Director, DEPM Rental Division
As one of the most well-known and respected names in real estate, Douglas Elliman offers the best property management services in New York City. Our portfolio of over 375 properties throughout the Metro area includes buildings of all kinds, from pre- and post-war co-ops and condos to brand new rental properties with all the latest amenities and services. We are one of the oldest management firms in the business, and our reputation has been earned through our 100+ years of experience.
Over the past few years, our rental management division has experienced tremendous growth, with over 15 rental communities signing on with DEPM within the last year alone. Our portfolio of rental communities runs the gamut. We’ve taken on and/or launched various brand new luxury rental high-rises, working with developers and owners offering some of the most high-end amenities in this or any other market.
In addition, our rental communities include walkups in the East Village and Lower East Side, affordable units in Gowanus, and family-owned blocks of rentals in Midtown. In short, we work with property owners of all kinds to supply the best rental management available on the market today. When you enlist the services of Douglas Elliman’s rental division, you are enlisting elite customer service. Our managers are trained to cater to the needs of our residents and client’s alike, and our financial analysts are trained to create the detailed financial reporting our rental client’s require.
In the fiercely competitive NYC rental market, we know that operating efficiency is a chief priority for all owners. To that end, we take all the management tasks off of our client’s plate; from monthly reporting and collections, to energy purchasing, budget forecasting and renewals, we use our buying power to the benefit of our clients’ bottom line.
Most importantly, we understand that resident retention is of paramount importance. This is why, regardless of whether our renters live in a 100-year-old walk-up or a community with state-of-the-art amenities, when the Douglas Elliman plaque is outside their front door, they expect their management team tobe their ultimate amenity. We work every day to deliver on that expectation.