Solstice Residential Group, LLC specializes in the management of cooperative and condominium and luxury residences in New York City, providing the depth and resources of larger firms while maintaining the personalized interaction and attention to detail of a smaller boutique firm.
Mission and Differentiation
The Solstice mission is to provide its clients with excellent, consistent, and reliable property management services utilizing advanced financial reporting systems, customized operating, capital and energy optimization programs.
Solstice seeks to differentiate itself by managing client properties with an owner's perspective. The goal is always three fold: efficient operations of physical plant and staffing, optimum resident satisfaction, and asset value enhancement maximizing return on investment.
Our business plan is to focus on establishing actual ownership oversight and hands-on-management for the properties we manage before taking on new assignments. We intend to grow our business organically, carefully matching additions to our clientele with the resources of our firm. This is the core of our business model.
Allen London, Chief Executive Officer is an attorney (JD, NYU, '73) and holds an MBA from Columbia University (MBA, CSB, '89). Mr. London has spent most of his adult life in the real estate business having worked in a family real estate firm which developed a number of buildings on Manhattan's east side from the ground up. In that capacity, Mr. London has overseen the replacement of virtually all building systems from boilers to roofs, and has been involved in all aspects of residential real estate from leasing to litigation.
Alex Kalajian, Chief Operating Officer, is a New York Accredited Realty Manager (NYARM) and holds a BA in accounting and BBA in business administration with a concentration in finance. Throughout his career, Mr. Kalajian recognized his calling in building operations and has successfully completed more than $100,000,000 in capital improvement projects on a large number of residential properties.
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