News: Brokerage

Racanelli Realty Services awarded two property management contracts

The Hamlet at Willow Creek - Mount Sinai, NY

Commack, NY Racanelli Realty Services, Inc., has been awarded the following property management contracts:

  • Racanelli Realty Services will provide its property management services on behalf of The Hamlet at Willow Creek in Mount Sinai. Racanelli Realty is providing its comprehensive residential property management services on behalf of the 177 single-family golf villa and estate homes community. Located on Long Island’s East End North Shore, The Hamlet at Willow Creek has a fitness center, men’s and women’s sauna, locker rooms, card room, outdoor tennis courts, half-basketball court, children’s play area, and outdoor pools. Racanelli Realty in working with The Hamlet’s Board of Managers for the Home Owners Association (HOA) community, as well as members of the landscaping, architectural and social committees. The company is providing common area property landscaping and maintenance, invoicing and collection of monthly HOA dues, the preparation of detail monthly management reports, assistance in the  preparation of the community’s operating budget, liaison with contractors and oversight to assure they have the property insurance in place, contract management, and the administration of home sales and leases. As part of its role as property manager, Racanelli Realty is also attending monthly board meetings and preparing minutes from each meeting.
  • Racanelli Realty Services will also provide its property management services on behalf of Rocky Point Owners, Inc. for Co-op Community located on Rocky Point-Yaphank Rd. in Rocky Point. In providing its property management services, Racanelli Realty will be working with the community’s board and provide its services across all key areas. These include property landscaping and maintenance, invoicing and collection of monthly dues, the preparation of detailed monthly management reports, assistance in the  preparation of the community’s operating budget, liaison with contractors and oversight to assure they have the property insurance in place, and contract management.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their