Blog

A New Kind of Management

Built upon a mission to take property management to a whole new level of excellence, R.E.M. Residential is joining NYC Landlords “to maximize values in a climate of owners having to navigate the ever-increasing complexity of government and consumer regulations,” as R.E.M. President, Rick Elezi, puts it. “We are much stronger when we work together,” …

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Losing The Cube

By Rick Elezi and Aida Gashi , R.E.M. Residential When R.E.M. Residential, a property management company based in Manhattan, expanded in 2012 with the acquisition of LWL Properties, another management company, its owner Rick Elezi was faced with a conundrum. His company had now doubled in staff and portfolio nearly overnight. New hires would have …

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Together We Are Stronger

By Rick Elezi and Aida Gashi, Rent-stabilized tenants demanding access to amenities. MCIs taking forever. Mayor Bill de Blasio’s appoint of more tenant advocates on the Rent Guidelines Board. Proposed rent freezes. Twenty-seven new amendments to the Rent Stabilization Code. A stronger Tenant Protection Unit. What does the portend for the future of New York …

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When Your Neighbors Aren’t Who You Think They Are: The Revolving Door of Airbnb

By Rick Elezi and Aida Gashi , R.E.M. Residential, With the ubiquity of the recent Airbnb ads displaying images of sunny scenes and smiling New Yorkers lauding it, one would be apt to think this is a beneficial service to New Yorkers. However, the only New Yorkers it really benefits are renters that are reaping …

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