The Silicon Review
In the real estate industry of New York, the key to a thriving and lucrative property investment is your management company. A management company improves a property from its foundation to its roof, and R.E.M. does just that. An effective management company does not merely collect rent and engage in "drive by management," but works with its employees, tenants and clients to enhance their portfolio. R.E.M. uses every available resource to manage the needs and wants of the clients as well as their residents.
Founded in 2000, R.E.M. Residential is a progressive family business while still maintaining old world values. Every person to enter the company's sphere is welcomed as a member of a close-knit family. Their staff is friendly and approachable and are always easy to access. The firm was awarded 2019 Property Management Company of the Year from NYBMA. They also received SiteCompli’s 2017 Pioneer Award, NYARM’s 2016 Property Management Company of the Year Award and 2014 Trailblazer of the Year Award.
R.E.M.'s unique business approach has been recognized by a panel of leaders in the industry as well as the clients. Their commitment is to always raising the bar, and ensuring clients’ profitability and success. The company offers clients of both large and small properties the same level of quality service.
The firm's honesty, transparency and customer service have earned a stellar reputation among building owners in New York City. R.E.M.’s innovative management techniques and state-of-the-art reporting procedures are sure to bring security and success to your properties, both large and small. At R.E.M. Residential, they deliver the clients what they value most: profitability and peace of mind.
Each member of the R.E.M. team brings valuable experience with both small and large management firms to the clients. R.E.M.’s unique team of property management experts bring a rare combination of passion, enthusiasm and personal commitment to the table. They have devoted their careers to the real estate industry, working tirelessly to ensure that every detail of the buildings they manage are handled efficiently, professionally and flawlessly. R.E.M. has one of the most successful track records in effective building management in the business today.
Since its founding over 20 years ago, the company has grown dramatically, expanding to include over 150 buildings throughout Manhattan and the outer boroughs. Their clients respond well to the business practice as they see the value of their properties climb without them exerting any effort.
R.E.M.'s client retention strategy is simple-we help our clients improve the financial performance of their assets. It is exactly this simplicity of management that has resulted in R.E.M.’s expanding clientele and their success. The firm's unique business approach has been recognized by a panel of leaders in the real estate industry, as well as the clients. Their commitment is to always raise the bar, and ensure that the clients’ profitability and success.
"Unlike the many managing companies that push for unnecessary so called 'improvements' to boost their own bottom line, REM has never pushed. They make suggestions, educate the board, explain the pros and cons, detail the costs and benefits, and document the potential future savings. They also have worked with numerous different contractors but there is never any pressure to select one or the other or even to select any of his contacts. We just completed our local law commitment, chose the lowest bidder, the work was excellent, timely and the job came in on budget," said Joseph Jeff Loewi, President 315 E 77 St Corp.
R.E.M. Residential expertly handles routine matters ranging from not allowing overcharges and ensuring daily communications on items like lease renewals, to providing customizable management statements, and maintaining meticulous property and financial files and records that that are readily available. The firm's sophisticated management philosophy utilizes a combination of sound business practice and the latest technology to increase efficiency and provide all pertinent information to building owners. It is by employing this approach that R.E.M. ensures that all of our clients are fully apprised about what is happening in their buildings.
About the Leader
Rick Elezi, President and Founder
Rick Elezi is the president and founder of R.E.M. Residential. He has extensive experience in the real estate business with a concentration in the residential real estate management sector in New York City. He began R.E.M. Residential to put the knowledge he gained from his uniquely diverse background into practice.
He began his career as a porter, handyman and doorman at several luxury Manhattan buildings throughout his high school and college years, where he developed a great interest and awareness of the immense and exciting opportunities that the real estate world had to offer. He earned a B.A. degree in Finance and Business Management from Iona College.