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Vanguard advances with

In the world of residential development, nothing is more challenging than managing the completion of construction and the moving in of tenants at the same time. Owners and managers must contend with a daunting array of punch list tasks, constantly changing timetables and priorities, staff training requirements, and. scheduling of outside contractors, as well as. meeting the urgent needs of hundreds of new tenants during this hectic period.

A number of New York City,s leading owners and developers have been managing this confusing process by using, a web-based property management program, to help organize tasks, track completions, and communicate with staff and new tenants, all in an integrated and seamless manner.

For instance, BuildingLink has been in use at the Vanguard Chelsea, Albanese Development Corporation's newest luxury property, since October of 2000.

Management at the 301-unit Vanguard Chelsea initially began using BuildingLink to track last minute construction tasks and new tenant information (such as permissions-to-enter) as well. as to provide new tenants with full information on building amenities, rules and procedures.

Since tenants began to move in, management and staff have continued to expand their use of BuildingLink's extensive array of functions, including public space reservations, inventory management, maintenance schedules and records, fire safety documentation, move-in/move-out dates and guest lists. These functions can be accessed from any web-enabled computer, whether at the front desk, the management office or anywhere in the world.

BuildingLink has been particularly well-received by younger, more tech-savvy tenants. At the Vanguard Chelsea, whose tenants are primarily under 40 years of age, more than 75 percent of the building's occupants were using the system on a daily basis within one week of its introduction to them in January.

Tenants can use BuildingLink to access a library of building forms and notices, submit or check on repair requests, update their emergency contact information, post notices on the building electronic bulletin board, or access information on local neighborhood resources.

The first OBCOM (Online Building Communications Manager), BuildingLink creates value by optimizing building performance and communication with minimal staff and tenant training, producing immediate benefits while supporting the long-term growth of an asset.

As a flexible system that offers real savings both during the construction and opening phase of a property and for ongoing daily operations as well, BuildingLink is becoming an essential tool for real estate professionals.
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Title Annotation:Albanese Corp.
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jun 27, 2001
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