Vintage Property Management in Chicago
This blog provides insight for condominium, town home and co-operative Board members as they carry out their important responsibilities.
Wecome Homeowners
Hello Everyone: Welcome all homeowners, property owners and co-operative shareholders to Chicago's only blog with a focus on important issues facing those that live in vintage Chicagoland condominiums, co-operatives and townhomes.
Periodically, I hope to share useful information about property management issues that will benefit your building and effect the value of your home. I have been managing the kind of real estate that you call "home" for 38 years.
I look forward to your comments, as always.
Richard M. Holtzman
Wednesday, September 25, 2013
The Truth About Yelp
You might think that Yelp gives you an accurate picture of a business that is useful or honest in decideing to buy their goods or services. Not so fast. Yelp's portrayal of Prairie Shores Property Management LLC is completely inaccurate. Their system has chosen to show the few negative "reviews" but has hidden nearly all of the FOUR AND FIVE STAR reviews. You need to jump through some hoops to see the truth of this.
Go to the review and scroll to the bottom. You will see the workds "18 filtered" in parentheses. Click on it. You will need to enter a code that will allow you to see what are clients really think about Prairie Shores Property Management LLC.
Yelp should be a useful tool in your search for the right property manager. But, it should be only one small portion of the due dillegence process. Take the time to contact the references of the management company. Not just the four or five that they are certain will provide a good report. Ask for all of the Board Presidents of their clients. We are most proud of our track record and encourage a prospective client to call each of our current clients.
Friday, December 21, 2012
Hyde Park's Number 1 Association Manager
The Renaissance at Hyde Park Townhome Association has chosen Prairie Shores Management LLC as their new property manager. The high end townhome property is located at Drexel and 53rd Streets in Chicago's most historic neighborhood.
With the addition of the Renaissance at Hyde Park Townhome Association to the management portfolio of Prairie Shores Management LLC, we now manage the following condominium and townhome properties in Hyde Park:
Hyde Park Manor Condominiums
5201-09 S. Blackstone Condominiums
Hyde Park Woodlawn Condominiums
Kenwood Condominium Association
1130-46 E. Hyde Park Condominiums
5115-17 S. University Condominiums
The Bostoniam Condominiums
and
The Renaissance at Hyde Park Townhomes
Tuesday, October 9, 2012
Be a Big Fish in a Little Pond
Dear Board Member:
If your condominium, townhome or cooperative is considering a change in property management firms, we would like to share with you why 75 different properties have chosen to be a big fish in a little pond.
As an elected member of your Board of Directors, you know that being on the Board can be a full time job. This is especially true if you are forced to manage your property manager. Many property management companies make you feel like your building and the day to day issues it faces is lost in the sea of other properties they manage. Phone calls are not returned. Emails are not responded to promptly. The assignments the Board issues to the property manager at the open Board meetings just don't get done. You are a little fish in a big management pond.
At Prairie Shores Management LLC, 75 different Boards already know that they receive the kind of concierge style management services that make us well known. If you are considering changing management firms, we provide you with the name and contact information for each and every Board President of the properties we manage and encourage you to contact each of them. Most management firms refer you to a handful of clients that they know like them. We refer you to 75 different clients so that you can ask the tough questions. In each case, you will hear that our clients love us. That's right. They love us.
Tired of managing your property manager? Call us and see how much better life can be as a member of your Board of Directors.
Boiler Winterization at No Charge
If your Association property has a central heating system, it is now time to have the boiler serviced and prepared for the coming heating system. Typically, this service involves cleaning the burners, changing the site tube and flushing the boiler with appropriate chemicals to inhibit rust and corrosion. It is also important to flush the hot water heaters if you have a separate domestic hot water heating system.
Did you know that both Peoples Gas and Nicor Gas have programs that reimburse your Association for the cost of this process?
Prairie Shores Management LLC can assist your Association in the proper care and maintenance of your boiler and domestic hot water heaters. Give us a call today at 773-878-3300 to discuss your Association's property management goals and hear how we save our clients money each and every day.
Rental Limitations in Condo Associations
We have developed a very effective way to limit the number of rentals in a condominium association that does not require changing the condominium declaration. If you are concerned about the rising percentage of homeowners that are renting their condominium, please contact us at richard@prairieshoresmanagement.com to discuss your association.
Sunday, March 4, 2012
Historic Landmark Peterson Lofts Selects Prairie Shores Management LLC
The historic landmark Peterson Lofts Condominium Associations has selected Prairie Shores Management LLC as their new property management firm. The national landmark property, consisting of 50 loft style condominium apartments, was built in 1917 and designed by Schmidt, Garden and Martin and was constructed for the Peterson Lynotype Company. The ten story facade of the building is faced in cream colored glazed terra cotta. These terra cotta tiles were designed and manufactured by Tiffany and Company. The lobby has terrazzo floors, marble colums and a cast iron staircase that leads to the second floor. The floors, built to take the load of printing presses, are 11 inches thick, making this a very quiet building. The Peterson Lofts were converted to residential condominiums in 1995.
Prairie Shores Management LLC competed against 21 other Chicago area condominium management firms for the opportunity to manage this wonderful landmark building.
Prairie Shores Management LLC competed against 21 other Chicago area condominium management firms for the opportunity to manage this wonderful landmark building.
Wednesday, December 28, 2011
Vintage Loft Condominium Association Hires Prairie Shores Management LLC
The Village Lofts Condominium Association, a 30 unit condominium loft building has retained Prairie Shores Management LLC as managing agent beginning January 2012. Prairie Shores was selected over other Chicago management firms because of their extensive experience managing older loft properties.
We are eager to get to work at Village Lofts, Richard Holtzman President of PSM, LLC said. Holtzman managed one of Chicago's first loft condominiums and has maintained an extensive list of companies that can solve any problem a vintage property might encounter.
Holtzman said, "our goal is to work with the Board of Directors to enhance what is already a wonderful vintage loft building."
We are eager to get to work at Village Lofts, Richard Holtzman President of PSM, LLC said. Holtzman managed one of Chicago's first loft condominiums and has maintained an extensive list of companies that can solve any problem a vintage property might encounter.
Holtzman said, "our goal is to work with the Board of Directors to enhance what is already a wonderful vintage loft building."
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