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FSR Value Add Brochure

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VALUE-ADDED<br />

SERVICES AND<br />

SOLUTIONS


BEING THE LEADING PROPERTY MANAGEMENT<br />

FIRM IN NYC ALLOWS US TO OFFER OUR CLIENTS<br />

A SUITE OF SERVICES SPECIFICALLY DESIGNED TO<br />

ENHANCE RESIDENT LIFESTYLE, REDUCE COST<br />

AND MITIGATE RISK.<br />

Cost Savings Programs<br />

Lower Utility Rates<br />

Save up to 13 percent on<br />

electricity and natural gas rates<br />

through our energy aggregation<br />

purchasing program.<br />

Funding for Efficiency Projects<br />

We secure over $3 million annually<br />

in incentive funding to help<br />

expedite efficiency projects—from<br />

HVAC and Energy Management<br />

System upgrades to new chillers<br />

and LED lighting.<br />

Discounted Tax<br />

Certiorari Services<br />

Settle your tax protests by paying<br />

a fee equal to nine percent of the<br />

total tax savings—well below<br />

the 15-plus percent industry<br />

standard.<br />

Our Energy Aggregation Purchasing Program<br />

has saved clients nearly $15 million<br />

ELECTRICITY<br />

UTILITY<br />

SUPPLY COST<br />

FIRSTSERVICE ENERGY<br />

SUPPLY COST<br />

UTILITY<br />

SUPPLY COST<br />

FIRSTSERVICE ENERGY<br />

SUPPLY COST<br />

$0<br />

NATURAL GAS<br />

$20 $40<br />

$60<br />

$80<br />

Cost in Millions<br />

Total<br />

Savings<br />

$5,492,908<br />

13%<br />

Total<br />

Savings<br />

$9,054,128​<br />

12%<br />

Reduced Local Law 87 Fees<br />

Pay 20 percent less for NYC’s<br />

mandated LL87 energy audit and<br />

retro-commissioning services.<br />

Workers’ Comp Discounts<br />

and Dividends<br />

Save up to 20 percent on workers’<br />

compensation premiums. Work<br />

safety and risk management<br />

training for building employees<br />

results in less claims, yielding<br />

dividends of $1,000,000 for clients<br />

each year.<br />

Professional Management for<br />

Capital Projects or Crises<br />

A dedicated project manager is<br />

available to serve as your property’s<br />

representative when undertaking<br />

capital projects or mitigating<br />

emergencies—from retaining<br />

professionals and developing the<br />

scope to negotiating contracts and<br />

providing project oversight.<br />

Quality Service at<br />

Competitive Rates<br />

Controlled bidding of third-party<br />

contracts and cost comparisons<br />

with a variety of vendors ensures<br />

the best quality at the most<br />

competitive prices, including<br />

volume discounts.


Professional, Amenity, &<br />

Lifestyle Services<br />

Amenities Offerings Increase <strong>Value</strong><br />

and Enhance Lifestyles<br />

We offer a one-touch amenity<br />

management solution, both virtual<br />

and on-site. Our specialists can<br />

create a more valuable amenity<br />

experience for you—from the<br />

conceptualization, design,<br />

refurbishing, and repurposing of<br />

amenity spaces to the creation<br />

and operation of a range of fitness<br />

programs, lifestyle activities, and<br />

enhanced concierge services.<br />

Your property’s new residents<br />

will enjoy the convenience of<br />

complimentary move-in assistance<br />

to help manage every aspect of their<br />

move—from utility transfers and<br />

activation to referrals to moving<br />

companies offering preferred pricing.<br />

Leasing<br />

Our professional, licensed sales<br />

and leasing experts are available<br />

to assist you with any real estate<br />

need.<br />

In-House Brokerage for Sales<br />

and Access to Exceptional<br />

Staffing Services<br />

We can facilitate janitorial,<br />

maintenance, concierge/front desk,<br />

and security services for non-union<br />

buildings.<br />

Some of these services are offered through<br />

our affiliates, partners, or subsidiaries,<br />

including: FirstService Energy, FS Insurance<br />

Brokers, FirstService Project Management,<br />

FirstService Financial, FirstService Realty<br />

NYC, LIVunLtd. and Planned Companies.


Proprietary Tools &<br />

Service Solutions<br />

24/7 Customer Care<br />

Your residents can speak with a live<br />

specialist who can address their<br />

inquiries, day or night, 365 days<br />

a year.<br />

Reduce Costs and Consumption<br />

with Data Analytics<br />

Our complimentary Energy Report<br />

Card analyzes your property’s energy<br />

performance to enable informed<br />

decisions about efficiency strategies.<br />

We’ll assess projects you may be<br />

considering, as well as recommend<br />

customized strategies that will<br />

reduce costs and consumption, and<br />

increase efficiency.<br />

Seamless, Timelier Communication<br />

Our proprietary website portal,<br />

<strong>FSR</strong>Connect, facilitates<br />

communication among residents,<br />

board members, and management<br />

by providing instant, secure<br />

access to services and building<br />

information. Your residents can<br />

use your community website to<br />

view account balances, submit<br />

service requests, and receive<br />

package notifications. Property<br />

managers can send instantaneous<br />

voice and email alerts to some or<br />

all residents, which is especially<br />

useful in emergencies. We can also<br />

assist with creating informative<br />

newsletters for residents.<br />

Simple, Online Application Portal<br />

Our secure, online system eases<br />

the application review process.<br />

You can review applications and all<br />

supporting documents then accept<br />

or reject with a click of a button.<br />

Quick Access to Online Documents<br />

& Certificates<br />

Bank and Appraiser Questionnaires,<br />

Offering Plans, Amendments, and<br />

Certificates of Insurance are<br />

available via our website.<br />

Service Provider Certification<br />

Protects Boards<br />

By partnering with an independent<br />

credentialing company, we are able<br />

to provide you with a list of certified,<br />

trusted vendors to protect you<br />

from unexpected loss, increased<br />

insurance claims, and potential<br />

legal liability exposure.<br />

Training & Education Ensures High<br />

Quality Staff Performance<br />

Courses offered via our industryleading<br />

online learning management<br />

system are complemented by handson<br />

experience in our Learning Center,<br />

where property managers and<br />

building personnel undergo training<br />

and certification in building systems<br />

and operations to consistently<br />

deliver the highest level of service.


Financial Services<br />

Flexible Energy Project<br />

Financing Options<br />

We offer several options for<br />

financing energy retrofit and<br />

solar installation projects<br />

that feature attractive<br />

interest rates, no up-front<br />

investment, and repayment<br />

derived entirely from the<br />

resulting energy and cost<br />

savings.<br />

Superior Rates on<br />

Banking Services<br />

Obtain above-average interest rates on reserve, capital improvement,<br />

and escrow accounts from commercial banks. FDIC and Excess Deposit<br />

Insurance on liquid money market accounts and certificates of deposit are<br />

also available.<br />

Better Terms and Lower Costs on Loans<br />

We offer flexible financing options yielding lower interest rates and closing<br />

costs with quicker-than-average closing timeframes.<br />

Competitive Insurance Pricing and Terms<br />

Take advantage of improved coverage and 5-10% savings on our property<br />

and general liability insurance program. Proactive risk management and<br />

master umbrella policies are also available.<br />

INTERESTED IN LEARNING HOW WE CAN<br />

APPLY THESE VALUE-ADDED SERVICES AND<br />

SOLUTIONS TO YOUR PROPERTY?<br />

CONTACT US TODAY FOR A<br />

PERSONALIZED EVALUATION!<br />

Making a Difference.<br />

Every Day.<br />

212.324.9944<br />

info@fsresidential.com<br />

www.fsresidential.com


622 Third Avenue<br />

New York, NY 10017

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