New York Real Estate Firm Continues Upgrading Brooklyn Multifamily Portfolio
New York, NY -- (SBWIRE) -- 01/19/2016 -- SGW Properties, a New York-based real estate and property management company, announced it has completed in excess of $10 million in capital improvements to nine multifamily properties located in East Flatbush and Crown Heights in Brooklyn, New York. The announcement was made by Yeshaya Wasserman, President of SGW Properties.
The common area improvements include renovation and upgrades to roofs, sidewalks, brickwork, windows, boilers, lighting, intercom systems and plumbing.
"We're committed to upgrading our properties in order to maintain property management services consistent with top industry standards, ensure a high quality of life for tenants, and create value for our portfolio," said Wasserman. "The improvements to the buildings also help to attract tenants as continuing demand for quality, affordable housing draws renters to Brooklyn neighborhoods."
SGW Properties' property management team is performing upgrades to the entire portfolio of multifamily properties on an ongoing basis, as well as leveraging its expertise as the company considers additional acquisition opportunities.
About SGW Properties
SGW Properties is a New York-based real estate company formed by Yeshaya Wasserman in 2008, focused on acquisitions of multifamily apartment buildings, ground up development, and commercial assets as well as property management for a portfolio of properties consisting of over 30 buildings. Properties include a diverse range of rent stabilized, free market and Section 8 tenants. The firm's mission is to seek value-added opportunities in select markets in Brooklyn and throughout the New York region, and implement strategic marketing and operating plans to create value for its current portfolio. For more information visit http://www.sgwpropertiesny.com/
PR CONTACT FOR SGW PROPERTIES:
Rubenstein Public Relations
Contact: Mitchell Breindel