Related Management Reviews

Pros

great people
flexible work schedule
easy to balance work/family

Cons

the commute
advancement seems to be limited

Advice to Senior Management

You have great employees, they are and will be your best asset.

Pros

Competitive pay, work life balance is pretty fair, and Related also has great training modules to learn from and well as various other resources.

Cons

Hard to deal with upper management. Sometimes they can be clueless on ongoing work related issues and recognizing the root of problems.

Pros

Decent benefit package; however, medical insurance payroll deduction very high.

Cons

No training in key areas.
Company prefers to hire from outside than promoting from inside.
Human Resources disconnected from reality.

Advice to Senior Management

Listen to staff members.
Remove the lazy employees.

Pros

-Good property management experience with 1st-Class properties.
-Dedicated and competent site staff at all properties for the most part.
-Company has a good name and image in the real estate business in general.
-Benefits OK.
-Many work processes are web-based or computerized and well-integrated into a common platform.
-Top executives and company ownership are no-nonsense people to deal with. Great opportunity for exposure to this level of accountability.

Cons

-Increasingly unrealistic expectations of both management personnel and site staff.
-Too much focus on policy and procedure vs. actually getting the job done.
-Most of if not all of the upper management have no hands-on PM experience, and this detracts from their ability to understand employee roles,workdays and how to best supervise the site personnel as well as do things efficiently, cost-effectively or in a time-efficient manner.
-Protectionism in the upper ranks makes everyone else dispensable.

Advice to Senior Management

-Lots of dead wood that needs to go. Time in the company doesn't equate to management effectiveness.

-No work/life quality, too much extra administrative work and procedural nonsense is foisted on the lower and middle ranks. Eliminate the extra paperwork and focus on getting the job done.

-Back of house operations at many properties appear to be OK at first but closer inspection will reveal staggering deficiencies in physical plant upkeep, site staff supervision, policy adherence and enforcement as well as general building maintenance. Consistent and regular site visits and inspections will prevent this.

-Leasing operations are not on pace with the market nor aggressive enough to capture targeted clients at many properties, resulting in significant unrecoverable vacancy losses. At the end of the day, people care about what they're paying out in rent, not the move-in gifts and promotions.

-Property management is a people business, enough said. When you lose focus on or forget about the people element of it, you've become just another landlord in NYC.

Pros

The property location is less than 30 minutes from my home.

Cons

Poor senior management - lack of knowledge, support and interest in learning details of business.

Advice to Senior Management

Become more involved and learn the business of sect 8 housing.