VALUE COMPANIES SCORE HIGH AT 10th ANNUAL NJAA MAINTENANCE MANIA COMPETITION

Value Maintenance Mania 2018CLIFTON, NJ –  Value Companies’ Craig Hintzen turned in yet another impressive performance during the New Jersey Apartment Association’s (NJAA) 10th annual Maintenance Mania® competition recently held in the Collins Area at Brookdale Community College in Lincroft, NJ.

Mr. Hintzen of Arla Apartments in Nutley, N.J. took home top 3 finishes in five categories, including 3rd Place Overall in the National Championship Qualifying program.  Mr. Hintzen’s impressive showing makes him a top finisher in the overall competition for several years running.

He was joined by Value Companies’ Edwin Olivero (7th Overall) of Sutton Hill Apartments and Junior Garcia-Tavares (10th Overall) of Saddle Brook Apartments as top 10 finishers for the National Championship.  Value Companies’ personnel also performed well in individual contests with Andrzej Sienko of Crestview Apartments taking home a top 3 finish in the events Race Car Category.

Held yearly in March, Maintenance Mania is a competition between maintenance professionals from some of the most well-known national apartment owners and managers in various skill-based table games centered on common maintenance activities.

“This will be Craig fifth time representing New Jersey and the Northeast at the National Maintenance Mania competition, a testament to his dedication to resident service and desire to expand his knowledge and technique by keeping up with the latest maintenance methods,” says Jack Linefsky, Vice President of Property Management for Value Companies.

“We’re extremely proud of how all our entrants represented Value Companies.  It’s clear they take pride in their work; they are dedicated to ensuring our apartment complexes are operated professionally and efficiently, and are committed to our goal to provide the highest level of customer service to our residents.”

Value Companies boasts an impressive portfolio of approximately 3,226 multifamily apartments across fifteen communities in New Jersey and New York.

For more information, please contact Andrew Abramson, President and CEO of Value Companies, at its corporate headquarters at 973-473-2800 or visit www.valuecompanies.com

About Value Companies

Value Companies, founded in 1952, is a leading real estate development, investment and management company.  Across its development division, Value Companies has embarked in new apartment developments and investments in strategic suburban and urban locations throughout the country.  Value’s development success is directly tied to its steadfast commitment and expertise in multifamily housing, and its ability to introduce new housing products that address consumer and community needs.

Value’s residential properties are built and managed by a highly-skilled, in-house management team of more than 80 industry professionals which oversee all aspects of Value’s communities, including construction, leasing, maintenance, property management and administration.  Value’s third-party management business, Value Asset Management (VAM), provides full-service management capabilities and customized asset solutions to a growing list of third-party real estate investment and property owner clients.  Value Companies also received numerous industry awards for its various properties as well as being a 3-time recipient of the New Jersey Apartment Association Management Company of the Year award.

 

 

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44 MAIN IN DOWNTOWN LITTLE FALLS, N.J. NOW FULLY LEASED

44 Main Exterior 144 Main is now fully leased, according to Value Asset Management (VAM), the exclusive leasing and management agent for the downtown Little Falls rental building.

The first new construction multi-family rental building to be introduced in this Passaic County township in a generation, the collection of 34 one- and two-bedroom luxury apartments achieved the 100% leased mark a few short months after its official fall debut.  The quick execution of the leasing program at 44 Main is clear evidence of the strengthening appetite for urban-style living throughout New Jersey’s downtown districts, indicates Jack Linefsky, Vice President of Property Management for VAM.

“There’s unquestionably a growing desire to live in walkable locations with easy access to mass transportation, and it’s not limited to larger cities such as Hoboken and Jersey City,” Mr. Linefsky says.  “Today’s renters are also turning to municipalities just outside New York City’s immediate suburbs where they can find a similar urban-infused environment at much more competitive pricing.

“At 44 Main, we leveraged its location minutes from New Jersey Transit trains with direct service into Manhattan, proximity to a wealth of local shops, dining and services, and luxury apartments in an amenitized building with affordable monthly rents to attract both young renters and local empty-nesters seeking a lifestyle similar to that found in New Jersey’s Gold Coast cities.” Continue reading

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VALUE ASSET MANAGEMENT EXECUTES LEASING PROGRAM FOR 40-UNIT DOWNTOWN MONTCLAIR RENTAL BUILDING

1520968572_montclarionCLIFTON, NJ – Value Asset Management (VAM) has successfully executed the leasing program at The Montclarion at Bay Street Station in Montclair, N.J., once again proving why developers and property owners call upon the advisory and management firm when seeking results.

The Clifton, NJ-based company completed leasing for the project’s 40 rental homes for local developer and owner Richard Polton. After achieving the notable milestone and the successful stabilization, VAM will remain on hand to direct management and operations for the five-story LEED-certified building.

The Montclarion at Bay Street Station is located at 125 Bloomfield Street steps away from Montclair’s Bay Street New Jersey Transit Station. The building follows in the footsteps of The Montclarion, a 56-unit rental building originally built in 1985 and recently upgraded.

“Retaining Value Asset Management was a decision that provided incredibly positive returns for The Montclarion at Bay Street Station,” Mr. Polton says. “It allowed us to tap into their extensive resources which include a market expertise and full staff of in-house leasing and marketing professionals, maintenance personnel and industry advisors. This ensured the building would receive considerable rental interest and be quickly absorbed. Our relationship with them has paid big dividends.” Continue reading

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44 Main Taps into Rental Demand in Downtown Little Falls, N.J.

44 Main Exterior 1LITTLE FALLS, NJ – Strong demand for new luxury apartment homes and the growing appeal of downtown Little Falls, N.J. as a residential destination has resulted in brisk leasing velocity at 44 Main.

The upscale rental building located at this desirable Passaic County address has quickly tapped into the large pool of renters attracted to urban-style living by offering well-appointed and modern homes, in-building amenities and an ultra-convenient location minutes from New Jersey Transit trains with direct service into Manhattan.

The high demand for this signature new rental offering has left a limited selection of one- and two-bedroom apartments available for lease, according to developer KV Realty LLC.   The remaining homes are priced from $1,950 and provide Immediate Occupany.

“There was clearly a market for new, stylish residences in downtown Little Falls as evidence by the success of 44 Main,” says Jack Linefsky, Vice President of Property Management for Value Asset Management, the building’s exclusive leasing and management agent.  “The fast acceptance by the renting public has allowed us to quickly near the execution of our leasing program and left only a handful of apartments available to rent.  We strongly encourage those interested in becoming a part of this signature new community to visit our leasing and model center today.”

Situated at the intersection of Main and Maple Streets, 44 Main stands as a welcoming beacon to Little Falls’ downtown commercial and retail district.  The building has been carefully crafted to support the township’s architectural integrity and enhance its charming appeal.

Homes in the elevator building range from 750 to over 1,200 square-feet and are priced from $1,950.  Found throughout the residences are condo-style finishes, including nine-foot ceilings, hardwood floors in living and dining areas, kitchens with color scheme cabinets, fully-equipped stainless steel appliances and quartz countertops with breakfast bar, lavish ceramic tiled bathrooms and in-unit washer and dryers.  Apartments provide accent walls, energy-efficient LED lighting and flat screen TV wall mounts. Select homes also offer a bonus den/sitting room.

44 Main features a lower level amenity floor with bike storage, a resident’s only clubroom/lounge with full kitchen, flat screen T.V.’s and gaming tables and fully-equipped fitness center.  There’s also ground floor retail space to provide residents quick access to a variety of local shops and services.

“No detail was spared in the creation of this building,” Mr. Linefsky adds.  “The development team drew on inspiration and design trends nationwide.  From welcoming outdoor New Orleans French Quarter style light fixtures to reclaimed Wyoming wood plank walling in common spaces, there’s an attention to detail and warmth throughout 44 Main that can’t be matched by any of the area’s larger rental offerings.”

As its address suggests, 44 Main is located in the center of Little Falls downtown corridor, less than 10 minutes from the New Jersey Transit Little Falls Train Station on Union Boulevard and steps from many of the local storefronts.  There’s also New Jersey Transit bus service in Manhattan nearby. The mixed-use building’s central location will bolster the township’s transit village status by encouraging pedestrian activity in a walkable environment.

“Residents have fast access to the business and entertainment of New York City, as well as the convenience of downtown Little Falls” Mr. Linefsky points out.  “We’re also just minutes from the heralded restaurants and culture of neighboring Montclair, and just a short trip from the many national retailers and outlets found along Route 46.”

For additional information on 44 Main, please call 973-837-8244 or visit www.44MainApts.com.

About Value Asset Management

Value Asset Management was formed by Clifton, N.J.-based Value Companies to provide full-service property management capabilities and customized asset solutions to third-party real estate investment and property owner clients.  Headed by CEO and President Andrew Abramson, Value Companies boasts an impressive portfolio of approximately 3,226 multifamily apartments across fifteen communities in New Jersey and New York. Value Companies has received numerous industry awards for its various properties as well as being a 4-time recipient of the New Jersey Apartment Association Management Company of the Year award.

For more information, please contact Andrew Abramson, President and CEO of Value Companies, at its corporate headquarters at 973-473-2800 or visit www.valuecompanies.com

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VALUE COMPANIES, INC. TAKES HOME ELEVEN HONORS AT 24TH ANNUAL NJAA GARDEN STATE AWARDS

Value Companies 2017 Garden State AwardsThe New Jersey Apartment Association (NJAA) recently bestowed eleven Garden State Awards to Value Companies Inc., recognizing the high-level of customer service at its well-performing rental communities and the outstanding work of its real estate professionals.

The yearly ceremony, held at the Ocean Place Resort and Spa in Long Branch, N.J. in early November, honors the accomplishments and successes of owners, developers and managers of rental housing throughout New Jersey.

Three of the Clifton, N.J.-based company’s apartment neighborhoods were dual award winners in “Excellence in Property Management” and “Excellence in Curb Appeal” — Gateways at Randolph in Morris County, N.J. and 140 Mayhill and Saddle Brook Apartments in Saddle Brook, N.J.  Three other rental communities, Crestview Apartments in Parlin, Dorchester Manor in New Milford and Foxhall Apartments in Passaic, took home individual honors in “Excellence in Curb Appeal.”

Value Companies’ talented staff was also highlighted at the event with Stacey Schick and Janine Van Peenen being recognized as exceptional Leasing Professionals.

“It’s an honor to be acknowledged by industry colleagues with these noteworthy awards,” says Jack Linefsky Vice President of Property Management for Value Companies.  “We celebrate these accolades with the exceptional staff of property managers, leasing agents, maintenance personnel and more who form the Value Companies’ team and are responsible for these exemplary efforts to serve our residents.”

Value Companies boasts an impressive portfolio of approximately 3,188 multifamily apartments across fourteen communities in New Jersey and New York.

For more information, please contact Andrew Abramson, President and CEO of Value Companies, at its corporate headquarters at 973-473-2800 or visit www.valuecompanies.com

About Value Companies

Value Companies, founded in 1952, is a leading real estate development, investment and management company.  Across its development division, Value Companies has embarked in new apartment developments and investments in strategic suburban and urban locations throughout the country.  Value’s development success is directly tied to its steadfast commitment and expertise in multifamily housing, and its ability to introduce new housing products that address consumer and community needs.

Value’s residential properties are built and managed by a highly-skilled, in-house management team of more than 80 industry professionals which oversee all aspects of Value’s communities, including construction, leasing, maintenance, property management and administration.  Value’s third-party management business, Value Asset Management (VAM), provides full-service management capabilities and customized asset solutions to a growing list of third-party real estate investment and property owner clients.  Value Companies also received numerous industry awards for its various properties as well as being a 4-time recipient of the New Jersey Apartment Association Management Company of the Year award.

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THE MONTCLARION AT BAY STREET STATION TO WELCOME LOCAL ART ORGANIZATION STUDIO MONTCLAIR

Montclarion.ValueThe developers of The Montclarion at Bay Street Station in downtown Montclair, New Jersey have announced two a significant milestones in the building’s emergence as a premier new residential address in one of the most attractive communities in Essex County.

Studio Montclair, a non-profit organization that hosts exhibits of professional and emerging artists, has signed a lease to occupy a 1,100 square-foot studio in the ground-floor retail space at The Montclarion at Bay Street Station, according to Richard Polton, a member of the development team.  The Studio Montclair space, located at 127 Bloomfield Ave, will feature a gallery, meeting facilities, workshops and offices for Studio Montclair.  There will also be eight large street front windows programmed for public art displays.

For two decades plus Studio Montclair has promoted culture and education in the visual arts in northern New Jersey through events, community programs, development workshops, lectures and talks, as well as curated art exhibits.

“We’re delighted Studio Montclair has decided to call The Montclarion at Bay Street Station home,” Mr. Polton says.  “This is a wonderful fit for both the organization, the neighborhood and residents of the building.  This growing arts organization will unquestionably enliven the Eastern Gateway area of Montclair and bring a range of activities to the neighborhood. We’re excitedly looking forward to a variety of openings, displays, sales and other art related activities that will engage a wide audience.”

The addition of Studio Montclair displays the developer’s support for the local arts community and vision to create a building that’s not only a residential landmark, but also great place to access the cultural resources of Montclair.  Studio Montclair’s presence will complement the contemporary and stylish architecture that defines The Montclarion at Bay Street Station and is expected to open this fall.

Equally as noteworthy as the Studio Montclair announcement, The Montclarion at Bay Street Station is nearing a complete lease-up with 32 of its 40 upscale one-and two-bedroom apartment homes reserved.  Value Asset Management, the exclusive leasing and management agent for the five-story LEED Silver building, is expecting to complete its leasing program less than five months after opening to the public.

Included in the remaining inventory are the building’s popular one-bedroom rentals priced at $2,250.  The homes are available for immediate occupancy.

The Montclarion at Bay Street Station has successfully tapped into the growing appeal of downtown Montclair and the increasing desire to live in an urban-inspired and walkable environment.  The building is ideally situated adjacent to the NJ Transit Bay Street Station whisking commuters to Secaucus Junction, Newark, Hoboken and Penn Station in New York City.   The building’s commuter friendly location is further enhanced by New Jersey Transit Busses available right outside.

The living spaces at The Montclarion at Bay Street Station offer open, well-conceived floor plans with designer finishes and appointments not commonly found in rental buildings. Homes will range from 745 square-feet to 1,522 square-feet and boast upscale interior elements such as 9′ plus ceiling heights, hardwood floors, oversized windows with Juliette balconies, modern style kitchens with stainless steel appliances, gas range and breakfast bar, abundant closet space and washer/dryers in each home.

The Montclarion at Bay Street Station features exercise room, rooftop patio, covered parking and the new home for Studio Montclair at the ground floor level. The building’s convenient location encourages pedestrian activity.  Within walking distance are the Montclair Center and the redeveloping Lackawanna Plaza and Glenfield Park.  There’s also easy walking access to nearby shops, including a Panera, a Smash Burger, PNC Bank and a 7-11.

Designed by Sionas Architecture, The Montclarion at Bay Street Station’s brick and glass exterior blends perfectly with Montclair’s motto “Where The Suburb Meets The City.” Contemporary, high-end design is extended throughout the boutique building’s interior spaces with a dramatic two-story lobby, bike racks, rooftop patio, exercise room and business center/lounge.

The Montclarion at Bay Street Station complements The Montclarion, a 56-unit rental building originally built in 1985 and recently upgraded.

For additional information on The Montclarion at Bay Street Station, please call 973-783-1250 or visit http://www.montclarion-apts.com.   A fully-furnished model home is available to tour.

About Value Asset Management

Value Asset Management was formed by Value Companies to provide full-service management capabilities and customized asset solutions to third-party real estate investment and property owner clients.  Headed by CEO and President Andrew Abramson, Value Companies boasts an impressive portfolio of approximately 3,226 multifamily apartments across fifteen communities in New Jersey and New York. Value Companies has received numerous industry awards for its various properties as well as being a 4-time recipient of the New Jersey Apartment Association Management Company of the Year award.

For more information, please contact Andrew Abramson, President and CEO of Value Companies, at its corporate headquarters at 973-473-2800 or visit www.valuecompanies.com.

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CBCF to Host 10th Annual Golf Classic August 7th at Mountain Ridge Country Club in West Caldwell, N.J.

2017 Gold OutingThe Cure Breast Cancer Foundation (CBCF) will host its 10th Annual Golf Classic on Monday, August 7th at the Mountain Ridge Country Club in West Caldwell, N.J., site of the USGA 2012 Men’s Senior Amateur Championship, the 2014 MGA Mid-Amateur Championship and has been one of Golf Week’s “Top 100 Classic Courses in America.”

The annual “Pink is the New Green®” event is one of the most popular and successful events sponsored by CBCF having raised millions to assist the efforts of the Foundation’s Scientific Advisor, Dr. Larry Norton.  Dr. Norton, Deputy Physician-in-Chief for Breast Cancer Programs and the Medical Director of the Evelyn H. Lauder Breast Center at Memorial Sloan-Kettering Cancer Center, is leading the fight against breast cancer with trailblazing work, and has discovered that cancer cell mobility and the interactions between the cancer cell and its microscopic environment are the key pathways to understanding and eventually eradicating breast cancer.

Reservations are now open for both the morning and afternoon sessions of The Golf Classic.  The morning session will begin at 7:00 a.m. with registration and breakfast, followed by a shotgun start at 8:15 a.m.  The afternoon session will begin at 10:30 a.m. with registration and breakfast and a 12:30 p.m. shotgun start.  An $18,000 winner-take-all-chip-off will take place immediately following conclusion of play.

The day concludes with a cocktail reception and awards dinner where Dr. Norton will address guests.  A raffle drawing will also be held for a 2017 Ford Mustang convertible, courtesy of Fette Ford. Those interested in participating in the 10th Annual Golf Classic can call (973) 471-CBCF (2223) or email register@curebreastcancerfoundation.org.

“Pink is the New Green was one of our first large-scale fundraising efforts and we’re incredibly proud of its growth in the past decade,” says Andrew Abramson, Treasurer and Co-Founder of CBCF.  “Of course, its success would not be possible without the commitment of the many participants, volunteers, corporate sponsors and business leaders who have kindly dedicated resources and time.  Their tireless efforts on behalf of CBCF have enabled us to support Dr. Norton’s important research and work towards finding a cure for breast cancer.”

CBCF is a Clifton, N.J.-based 501(c) (3) charity.  The organization has raised in excess of $6.5 million to assist the dedicated team of physicians and scientists at Memorial Sloan-Kettering Cancer Center in New York and New Jersey and their national and international collaborators.  Fully 100% of the net fundraising proceeds received by the foundation are donated towards research projects coordinated by Dr. Norton.

For more information on the CBCF, please call (973) 471-CBCF (2223) or visit http://curebreastcancerfoundation.org.

Cure Breast Cancer Foundation

The Cure Breast Cancer Foundation (CBCF) is a Clifton, N.J. – based not-for-profit 501(c) 3 charity devoted to fund research on the growth and spreading of breast cancer cells, also known as the Self-Seeding Theory, at the Memorial Sloan-Kettering Cancer Center in Manhattan and other national and international cancer research facilities under the direction of Dr. Larry Norton, who serves as the Foundation’s Scientific Advisor.  The founder and president is Carly Abramson.  Her father, Andrew Abramson, is Treasurer.  For more information, call (973) 471-CBCF (2223), e-mail info@curebreastcancerfoundation.org or visit www.curebreastcancerfoundation.org.

 

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