Management Services:

The management and brokerage divisions provide condominium associations, investors, and institutions with the following services:

  • Condominium Association management
  • Apartment building management
  • Asset/construction management

The Jasco Companies have acted as managing agents for condominium associations, court-appointed receivers, debtors in possession, and financial institutions, including the largest receivership in New York City history–over 72 buildings comprising of commercial and residential properties throughout Manhattan.

JASCO specializes in distressed real estate, including the following:

  • Failed condominium/co-op conversions
  • Incomplete construction projects
  • Other distressed real estate

Condominium Management
  • On-site management and regular site inspections as necessitated by your community
  • Attendance at meetings
  • Collection of common charges, including close monitoring of arrears and serving as liaison to the Association's collection attorney
  • Preparation and distribution of notices, reports, meeting minutes and other correspondence as requested by the Board
  • Maintenance of interest bearing operating and reserve accounts in the name of the Association
  • Assistance in the development of the fiscal budget
  • Customized reporting for special needs
  • Periodic management reports
  • Negotiation on behalf of the Association for services such as utilities, snow removal, refuse removal, and landscaping
  • Project management of large capital projects
Property Management
  • Marketing and advertising of vacant units
  • Residentscreening andselection
  • Lease administration
  • Collections/avictions
  • Accounting services
  • Management reporting
  • Operating budgets andforecasts
  • Government compliance
  • Day-to-day operations
  • Janitorial supervision and recruiting
  • Preventative maintenance
  • Management of service contracts
  • Utilities conservation and administration
  • 24 Hour emergency maintenance response
  • Insurance claim administration
  • Buying power due todiscount purchasing
  • Capital improvement project management
Construction Management
  • Coordinate meetings with Architect and Owner or Association
  • Maintain control over design to insure cost effective improvements
  • Solicit bids from subcontractors or general contractors
  • Value engineer all bids
  • Supervise construction
  • Point person for owner or association, architect and contractor
  • Set up construction meetings
  • Conduct final walk-through and follow up on punch list items
  • Insure timely completion
  • Permit expediting