Property management · New York City & Long Island
Know where your property stands.
Summit Global Management handles the daily work of owning rental property — maintenance, resident communication, records and reporting — while you keep the decisions that matter.
Monthly owner package
Illustrative sample · six-unit residential building
Month-end
Income & expenses
| Income | |
|---|---|
| Scheduled rent | $18,450 |
| Collected | $17,200 |
| Balance due (1 unit) | $1,250 |
| Expenses | |
| Repairs | $1,180 |
| Utilities | $940 |
| Insurance | $610 |
| Other operating | $1,070 |
| Total expenses | $3,800 |
| Net cash from operations | $13,400 |
Rent roll
| Unit | Scheduled | Collected | Balance |
|---|---|---|---|
| 1A | $2,950 | $2,950 | — |
| 1B | $2,850 | $2,850 | — |
| 2A | $3,100 | $3,100 | — |
| 2B | $3,050 | $3,050 | — |
| 3A | $3,250 | $2,000 | $1,250 |
| 3B | $3,250 | $3,250 | — |
| Total | $18,450 | $17,200 | $1,250 |
Open work
Work orders
- Boiler serviceScheduled
- Unit 3B faucetCompleted
- Roof repair proposal, $4,800Awaiting your approval
Upcoming
- Insurance renewalin 45 days
- Lease expiration, Unit 2Ain 60 days
The idea
Four questions every owner should be able to answer.
Our work is organized so the answers are always on paper, every month, in the same order.
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What did the property collect?
Scheduled rent, what actually came in, and any balance still due, unit by unit.
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What did it spend?
Each expense matched to the work you approved and backed by an invoice.
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What is still open?
Repairs, requests and filings in progress, each with a status and a responsible person.
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What needs my approval?
Decisions waiting on you, with the estimate and the information you need to make them.
Who we work with
Owners of one property or a local portfolio.
Owners
- Individual owners
- Family ownership groups
- Investors with one property or a local portfolio
- Owners who live outside the area
- Owners replacing a patchwork of contractors, leasing contacts and bookkeepers
Property types
- Rental homes
- Individually owned rental apartments
- Multifamily buildings
- Mixed-use buildings with street-level commercial space
What we manage
One organized process for the whole property.
Day-to-day operations
Leasing coordination, rent roll administration, resident communication, maintenance and property visits, run as one organized process.
- Rental planning & leasing coordination
- Rent roll & receivables administration
- Resident communication
- Maintenance & repair coordination
- Property visits & turnover oversight
Financial oversight
Property-level records, a monthly owner package and budgets that separate routine costs from larger improvements.
- Property accounting & spending records
- Owner reporting
- Budgets & maintenance planning
Compliance & projects
A compliance calendar built for the specific property, coordination of capital projects, and organized insurance and incident records.
- Property-specific compliance coordination
- Capital project coordination
- Insurance & incident administration
Reporting
The monthly owner package.
Every month the report covers the same six parts, written in language you can act on.
| Number | Report component | Information provided |
|---|---|---|
| 01 | Income and expenses | Actual receipts and operating costs, with explanations for material changes. |
| 02 | Rent roll and arrears | Occupancy, scheduled rent, balances due, and renewal or expiration dates. |
| 03 | Cash and obligations | Available property cash, unpaid invoices and expected near-term expenses. |
| 04 | Budget comparison | Actual spending against the approved budget, with significant differences explained. |
| 05 | Work and projects | Open repairs, completed work, approved projects and decisions awaiting you. |
| 06 | Upcoming requirements | Known filing dates, inspections, insurance renewals and planned maintenance. |
Delivery dates are set in your management agreement.
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Step 1: Initial property review
We look at the property, its records and your goals, and confirm we can oversee it properly.
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Step 2: Written scope and authority
Services, fees, spending limits and decision rights are agreed in writing before work begins.
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Step 3: Management transition
Leases, records, keys and balances are collected, and opening balances are confirmed.
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Step 4: Property plan and recurring work
Repairs, recurring maintenance, the visit schedule and the compliance calendar are set up.
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Step 5: Ongoing review and handover
Each month’s report drives the review; the plan is adjusted with your approval.
Owner authority
You stay in control.
Budgets, major improvements, financing and legal strategy remain your decisions. Our role is to organize the information, coordinate the work you authorize, and make the status of every matter clear.
Service area
New York City and Long Island.
New York City
- Manhattan
- Brooklyn
- Queens
- The Bronx
- Staten Island
Long Island
- Nassau County
- Suffolk County
We take on a property only when we can give it proper local oversight. Our office is in Floral Park, on the Queens–Nassau line.