SOURCE: Argo Real Estate

February 21, 2012 15:59 ET

Argo Real Estate Expands Property Management Division; Awarded Management Contracts for Three New Buildings in Manhattan

NEW YORK, NY--(Marketwire - Feb 21, 2012) - Argo Real Estate, one of New York City's premier independent real estate owner, brokerage and property management companies, was recently appointed property manager for three residential properties in Manhattan -- 45 West 10th Street, 49 West 12th Street and 317 West 87th Street -- adding to the firm's growing management portfolio.

"As we expand our property management business, clients tell us that they select Argo because of our cost-saving strategies, prompt responsiveness to clients and our expertise in co-op management," said Mark Moskowitz, president and chief executive officer of Argo.

A 90-unit post-war co-op building in Greenwich Village, 45 West 10th Street located between Fifth and Sixth Avenues, was built in the 1960s. Features include a 24-hour doorman, storage and laundry facilities and a live-in super.

Located between Fifth and Sixth Avenues, 49 West 12th Street is a 75-unit post-war co-op building in Greenwich Village. It was built in the 1950s, has a 24-hour doorman, storage and laundry facilities, a live-in super and roof deck.

A pre-war co-op on the Upper West Side, 317 West 87th Street is located between West End Avenue and Riverside Drive. Built in the 1930s, the property has 47-units and features laundry facilities and a live-in super.

"We provide comprehensive property management services," said Emanuel Edwards, director of management with Argo Real Estate. "Argo's staff has been entrenched in the real estate industry for decades. In addition to our thorough knowledge of building systems, we provide service including customized financial reports, competitive insurance premiums and quality control in purchasing."

Argo Real Estate's property management portfolio includes residential and commercial holdings in Manhattan, Queens, the Bronx and New Jersey, with 5,500 units owned and managed by Argo, and 8,200 units managed on behalf of condominiums and cooperatives. The firm also specializes in converting buildings and has successfully transitioned numerous residential rentals to cooperatives and condominiums, covering all aspects from design, renovation and sales.

Contact Information

  • Contact:
    Kate Ottavio
    Quinn & Co.
    212.868.1900, ext. 232
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