Business Details
Your Trusted Property Management Partner in New York
Majestic Property Management has established itself as a trusted leader in real estate services, combining over two decades of hands-on experience with a multidisciplinary team. Our expertise spans property management, construction oversight, leasing, and cooperative/condominium conversions, serving both residential and commercial clients across the New York Metropolitan area. With a staff of 20 professionals possessing financial, legal, and technical backgrounds, we deliver tailored solutions that maximize property value and operational efficiency.Our localized market knowledge enables precise targeting of buyer demographics, while our construction division provides end-to-end project management from design concept to certificate of occupancy. Through long-standing relationships with institutional clients like the City of New York and State of New York agencies, we maintain a reputation for reliable service and competitive execution in both routine management and large-scale rehabilitation projects.
Services
Property Management
Construction Management
Commercial Leasing
Condominium Conversions
Tenant Relations
Building Rehabilitation
Retail Space Management
Financial Reporting
Legal Compliance
Market Analysis
Highlights and features
- Our 20+ years of experience in New York's real estate market ensure deep local expertise
- Multidisciplinary team handles financial, legal, and technical aspects under one roof
- Proven track record managing over 500,000 sq ft of commercial space renovations
- Direct construction oversight from design concept to certificate of occupancy
- Established relationships with institutional clients including NYC government agencies
Services
Property Management
Our property management services ensure optimal operation of residential and commercial properties through tenant relations, financial reporting, and maintenance coordination. With localized expertise in New York's market dynamics, we maximize occupancy rates and property value while handling legal compliance and board communications. Our team's multidisciplinary background enables comprehensive solutions for cooperative, condominium, and rental complexes.
Construction Management
We provide end-to-end construction management for commercial and residential properties, specializing in complete building rehabilitations and system upgrades. Our hands-on approach covers boiler replacements, electrical rewiring, elevator modernization, and storefront improvements. With established subcontractor relationships and government compliance expertise, we deliver projects from initial design to certificate of occupancy while maintaining strict budget control.
Commercial Leasing
Our leasing division represents property owners in marketing and negotiating commercial space rentals across New York's office, retail, and industrial sectors. We specialize in maximizing occupancy through targeted marketing strategies and lease renewals while managing tenant installations and space modifications. The team's market knowledge ensures competitive positioning for both new developments and existing properties.
Condominium Conversions
We facilitate residential property conversions to cooperative or condominium ownership, handling the complete process from legal compliance to marketing execution. Our specialists develop promotional materials, coordinate model apartment designs, and manage sales negotiations. With experience converting over 1,000 units, we provide strategic guidance on physical improvements to maximize market value.
Tenant Relations
Our tenant relations team maintains positive interactions between property owners, residents, and management boards. We address service requests promptly, mediate disputes, and ensure compliance with building regulations. By maintaining open communication channels and proactive maintenance programs, we help preserve property appearance and functionality while minimizing vacancy rates through exceptional occupant satisfaction.
People
Seth D Kobay
President
As President of Majestic Property Management, Seth D Kobay oversees strategic operations and client relationships. With extensive experience in real estate management and construction supervision, he ensures the company maintains its reputation for reliable service and competitive execution across New York's dynamic property market.
William Bouton
Senior Vice President Director of Property Management
William Bouton leads property management operations, supervising tenant relations and on-site management for cooperative and rental complexes. His expertise in board communications and property efficiency optimization helps clients achieve maximum returns while maintaining compliance with legal and regulatory requirements across diverse property types.
Alysa Block
Senior Vice President Director of Finance
Alysa Block manages financial operations including budgeting, reporting, and accounting for Majestic's property portfolio. Her background in real estate finance ensures accurate financial stewardship and transparent reporting for institutional clients and property owners throughout the New York Metropolitan area.
Elanna Hogan
Director of Coop/Condo Administration
Elanna Hogan specializes in cooperative and condominium board administration, handling legal documentation and operational protocols. Her understanding of governance structures and shareholder relations helps maintain smooth operations for residential communities while ensuring compliance with regulatory requirements and board resolutions.
Nick Jutis
Property Manager
Nick Jutis manages day-to-day operations of residential properties, focusing on tenant satisfaction and maintenance coordination. His hands-on approach ensures prompt resolution of resident concerns while maintaining property standards and operational efficiency across the company's managed apartment complexes.
Questions
What property types do you manage?
We manage residential cooperatives, condominiums, rental apartments, and commercial properties including office buildings, retail spaces, and industrial facilities across New York City and Long Island.
How do you handle construction projects?
Our construction division provides full oversight from initial design through certificate of occupancy, managing system upgrades, interior rehabs, and building modernizations with established subcontractor networks and government compliance expertise.
What areas do you serve?
We specialize in New York City neighborhoods including Midtown South, Upper East Side, Hudson Heights, and Rego Park, along with Long Island communities from Roslyn to Melville.
Can you assist with condominium conversions?
Yes, we've successfully converted over 1,000 residential units to condominium ownership, handling marketing strategy, legal compliance, and physical improvements to maximize market value.
What sets you apart from other property managers?
Our multidisciplinary team combines financial, legal, and construction expertise under one roof, providing comprehensive solutions that maximize property value while maintaining strong tenant relationships.
Do you work with institutional clients?
Yes, we serve government agencies, corporate facilities, and institutional owners including the City of New York, State of New York agencies, and major retailers across our service areas.
