CASE HISTORIES

Fairway Green: Serving a Homeowners Association  

As an upscale Homeowners Association, our needs are different from the usual co-op or condo association.  We need a property management company that has the capabilities to oversee the various private contractors we use for services such as landscaping, maintaining our public areas and snow removal. We have been working with Gramatan since 1992, and they provide quality, professional service and protect our investments.

“The high-caliber work, knowledge and attention to detail Gramatan brings to physical facilities, it also brings to the financial aspects of Fairway Green.”                                           

Louis Mazzio, Board Member, Fairway Green

Mamaroneck, New York

Witherbee Court: A successful partnership

We have a partnership with Gramatan Management and a joint goal: having a professionally managed property that serves the needs of the unit-owners and enhances their investment. Gramatan works with us and provides accurate, timely and informative financial and activity reports, prepares detailed bids for construction projects and oversees our day-to-day operations. Their managers are quite knowledgeable about the building's structure and mechanical operations. Retaining Gramatan in 1998 was part of our co-op maturing process.

“Our experience has been that Gramatan’s guidance and dedication has not only strengthened the building, but also created a more effective and efficient board.”

Emmett Creamer, Board Vice President, Witherbee Court

 Pelham Manor, N.Y.  

11 Bronx River Road: Success at one property leads to others

In 1993 when Gramatan started managing our property, the building and our finances were not in great shape. Our building was suffering from neglect and funds were scarce. That didn't deter Gramatan; they immediately reduced our operating expenses to provide us with funds to start some badly needed work. When the mortgage market improved, they refinanced the underlying mortgage and used some funds for repairs and some to build up our reserve fund. Some projects they organized and supervised were repairing the roof, waterproofing, and redecorating the halls and lobby. We were the first building in the area to use Gramatan.

“Gramatan now manages five properties within a half mile and those buildings have had the same excellent experience with Gramatan as we have had.”

Tom Pollio, President, 11 Bronx River Road

Yonkers, New York