Rose Associates Named Managing Agent of Mount Sinai Residential Portfolio

Posted On January 11, 2011

Rose Associates announced today that The Mount Sinai Medical Center’s Real Estate Division has named the firm exclusive managing agent of its residential staff housing portfolio. Rose will manage 25 apartment buildings for Mount Sinai, a portfolio comprised of more than 1,700 apartments and a total of 2 million square feet of space on the Upper East Side of Manhattan.

“We are thrilled to be named property manager of Mount Sinai’s residential portfolio,” said Amy Rose, co-president of Rose Associates. “We look forward to developing a relationship with residents and providing high-quality management services to the properties.”

A recognized leader in property management since 1928, Rose Associates manages 90 properties with more than 35,000 residential units in premier buildings throughout New York. With the Mount Sinai appointment, Rose now manages the real estate assets of seven health care institutions; among them are Lenox Hill, Memorial Sloan Kettering and New York Presbyterian.

Mount Sinai’s residential portfolio is comprised of pre-war and modern mid-rise buildings. It includes residential units and commercial/retail storefronts and professional offices.

“As property manager, Rose Associates will be responsible for the day-to-day management and maintenance of all 25 buildings,” said Jeff Heifetz, managing director for Rose Associates. “We are currently in the process of evaluating services at the property and identifying ways to enhance resident satisfaction. We look forward to improving tenant services wherever possible.”



About Rose Associates, Inc.

Based in New York, Rose Associates is a developer, owner and operator of premium residential properties. From planning a new development to managing day-to-day property operations, the Rose 360 Platform offers a full range of services designed to maximize the value of real estate. The firm oversees more than 26,000 units across New York, with approximately $2 billion in projects under development. Rose recently opened the historic skyscraper 70 Pine Street, which the firm is transforming into a luxury rental property with 644 residential units, 132 extend-stay apartments and a destination restaurant/lounge occupying the top four floors.

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