J&M Realty Services

Location & Contact:

21 West 86th Street
New York, NY 10024
212-721-0424
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Description:

J & M Realty Services Corp. is a licensed full service property management and leasing company, wholly owned by Jerry Edelman. Mr. Edelman has 26 years of experience in the ownership and management of residential properties in New York City. J & M manages approximately 800 apartments and commercial units in 22 buildings under management. The company has a staff of 13 full time professionals and 25 field workers all dedicated to maintaining our properties at peak efficiency and maximum occupancy. The professionals of J & M especialize in repositioning under-performing buildings by eliminating housing violations, renovating apartments, reducing overall operating costs, overseeing capital improvements to enhance savings, and assisting owners seeking new financing or re-sales of repositioning properties.

J & M Realty specializes in the management and turnaround of distressed properties in upper Manhattan. Many of the projects included building stabilization plans in order to remove buildings from 7-A programs and returning them to private sector ownership and management. Additionally, J & M Realty corrects rent registration deficiencies, appropriately documenting lease renewals and assuring buildings documents are compliant with Dept. of Housing Community Renewal regulations. Teamed with long standing clientele, J & M has been instrumental in the up front evaluation of target properties, the development of a retenanting and redevelopment plan, and the achievement of substantially improved net operating income, enabling the owners to obtain a return of and return on initial equity through the refinance or re-sale of properties.

J & M Realty's in-house construction services, Manhattan Valley Construction LLC, enables us to meet all construction needs and resolves all Dept. of Buildings and Environmental Control Board violations.