Margaret O’Connor, The Brodsky Organization
and Michael Wolfe from Midboro Management,
Co-chairs of the Residential Management Council.
The Residential Management Council of REBNY is a committee of industry leaders in residential property management.
The RMC provides a forum for managers to discuss common issues facing the industry, discuss best practices, obtain education on the latest regulations and to meet and get to know colleagues.
Over the past few years, the RMC has become more ambitious in scope, launching new committees and taking on new initiatives to improve the management for committee members and industry.
With the formation of a new Forms Committee, the RMC worked with the residential brokerage division to update the REBNY Standard Coop Application Form.
The Best Practices Committee released guidelines to building managers on making a building smoke-free, the city’s enforcement on back-flow preventers, and cycling out smoke and carbon monoxide detectors.
For 2014, the goals are no less ambitious. The RMC will be looking to increase the amount of education for managers that are new to the industry, and to create partnerships and relationships with educational institutions that would encourage more to consider residential management as a career.
Also announced at the end of 2014, New York City launched the first Carbon Challenge for Multifamily Buildings where ten leading residential property management firms — the majority REBNY members — have joined a voluntary program to reduce greenhouse gas emissions from a portfolio of buildings by 30% in ten years.
Residential buildings are the single largest source of greenhouse gas emissions in New York City, accounting for 37 percent of emissions.
The Challenge will include at least 200 buildings, which has the potential to cut citywide emissions by 100,000 metric tons of carbon per year – equivalent to removing more than 20,000 passenger vehicles from the city’s roads.
The year will kick off with the annual Residential Management Leadership Breakfast, where the RMC will honor members’ exceptional achievement.
If interested in joining the RMC, please contact Cindy Ramotar at 212-616-5232.