Property Management – Nassau County

Before New York was divided into twelve counties, Nassau was a part of Queens County and was contained in the towns of Hempstead and Oyster Bay. Nassau County is a suburban county located in the New York Region, which is east of New York city. The population of the county was 1,334,544 in the year 2000. Nassau and Suffolk counties together are referred to as "Long Island" following the 2004 census data, Nassau County is known as the richest county per capita in the State of New York and the sixth richest in the nation, with a median household income ranging about $78,762. Nassau has a primarily European descent demographic.

The economy of Long Island has also long benefited from its proximity to New York City. Between the years of 1930 and 1990, Long Island was considered as one of the aviation centers of the nations, with companies such as Grumman Aircraft and Sperry Gyroscope having their headquarters and factories in the same area. Grumman has been supplying some top warplanes to the U.S. Navy and the Marine Corps, and the Long Island economy has also been benefiting from scientific research and engineering.

Long Island has also been renowned for affluence and has one of the most expensive homes in the country. The current median home price for Long Island metro is of $475,000 which is much higher than the national median home price of $217,900. There are a certain percentage of renters who prefer to live in the apartments which are managed by professional management companies. Some of the property management companies in Nassau are discussed below:

1. Cervelli Management

Address: 7800 River Rd, North Bergen, NJ 07047

Cervelli Management manages condos and homeowners association that are up to or more than fifty units, multi family complexes which are up to or more than a hundred units, retail units which are up to or exceeding a hundred thousand square feet, office space which is up to or more than a hundred thousand square feet and ware house distribution facilities which are more or less than a hundred thousand square feet. They also manage some light manufacturing facilities which are equivalent to a hundred thousand square feet.

Some of the services provided by Cervelli Management tend to include screening potential tenants, collecting rents from exiting tenants and assessing penalties to those tenants who are late in making their payments. Additionally to this, Cervelli Management also provides accounting services which include preparation of monthly reports showing the income generated by the property and the vacancy rates.

Cervelli Management also tends to perform maintenance of the included property providing twenty four hour emergency services and regular upgrades as and when these might be required. Lease administration including marketing vacant units and lease renewals are also possibly provided by Cervelli Management.

Cervelli Management is also able to provide some customer management services such as taking calls and inquires from association members, following up with tenants and performing property inspection in order to make sure that the property is in compliance with the general rules. Cervelli Management also prepares bid specifications which are sent to vendors for providing maintenance or professional services.

The other property management companies present in Nassau are also able to provide some similar services.

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Derek Greenfield is a contributing real estate editor at http://www.realestatepropertyarticles.com/. This article may be reproduced provided that its complete content, links and author byline are kept intact and unchanged. No additional links permitted. Hyperlinks and/or URLs must remain both human clickable and search engine spiderable.