In this episode of Inside R&E, Adam R. Sanders, Member in R&E’s Transactional Department, discusses the ins and outs of property management with Michael P. Feldman, Co-Founder and CEO of Choice New York Management. Together they share ways in which building management across New York has changed since the onset of the Covid-19 pandemic, perhaps most notably the transition of board meetings to virtual platforms like Zoom, Google Meets and Microsoft Teams. One of today’s leading challenges, Michael says, is the conflict between technological development – like the implementation of AI – against customer service. As property managers continue to strive for efficiency with an increased use of tech, there remains the struggle to meet consumer expectation (like more building amenities, etc.), which, since the pandemic, has grown in the face higher-than-ever rent rates.
Choice New York Companies, Choice NY Property Management, LLC, Goldin Choice Property Management, Staffing By Choice and Home By Choice Real Estate Brokerage companies provide an array of 3rd Party Real Estate Services such as Property Management, Building Staffing and Residential Brokerage on medium and large-scale buildings in New York City. Michael focuses on large business prospective client procurement, business acquisitions, providing leadership and directly training the organizations ~300 full time professionals and is the chief liaison with Choice New York Managements’ Parent Company, Associa Corp. out of Dallas, TX.
Adam’s practice focuses on representing clients in a wide variety of commercial real estate and business transactions and matters, including acquisitions and sales, financing, leasing, construction, portfolio structuring, cooperative and condominium boards representation, Local Law 97 compliance, 1031 transactions and general corporate representation in the real estate, entertainment and web/technology industries. Adam is the firm’s go-to expert for all matters concerning Opportunity Zones. Investors and real estate developers exclusively rely on him for program updates and comprehensive legal analyses, keeping them on the cutting edge of the program even before regulations are released.
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