10-22-21

10C — October 22 - November 18, 2021 — Owners, Developers & Managers — M id A tlantic Real Estate Journal

www.marej.com

O wners , D evelopers & M anagers

New Jersey’s property management company welcomes 184-unit, high-rise in Ocean City FirstService Residential signs management contract with the Gardens Plaza Condominiums

O

CEAN CITY, NJ — FirstService Resi- dential , a property

platform will set the build- ing up for success for years to come.” The Gardens Plaza is a 184- unit, high-rise property that offers residents spectacular panoramic views of the Atlan- tic Ocean across to the Atlantic City skyline. Luxury living at The Gardens Plaza features a heated, outdoor pool multi- purpose room, recreation room and a fitness center with a full kitchen. Located directly on the Ocean City Boardwalk, residents and guests have im- mediate boardwalk and beach access. MAREJ continued from page 7C lifespan is close to 50 years, it won’t last forever and should be updated and maintained as necessary. Risk Management Actions Plumbing issues can be difficult to identify until it’s too late. Facilities managers should watch for visible water damage and signs of mold, clogging and weak water pres- sure. The following actions should be taken to mitigate the risks resulting from failed plumbing systems: Have the system in- spected. The frequency of plumbing inspections will vary based on the building’s use and functionality. Still, they should be conducted at least once a year to reduce the risk of system deterioration. Areas with exposed piping can be visually inspected, while pipe cameras can examine covered areas. Maintaining plumbing systems . . . Replace old systems. Fa- cilities managers should know what plumbing system is in the building and make the proper plans to replace older piping and parts. Be proactive. Water dam- age is costly. Early replacement of parts is much less expensive than waiting for a plumbing disaster before taking action. Plumbing is an integral sys- tem that needs to be updated and maintained for a building to function correctly. By being proactive, facilities managers can ensure their structure remains safe and operational. E.B. Cohen Insurance and Risk Management is located in Roseland, NJ and New York, NY. MAREJ

management company in North America, recently con- tracted to provide full-service propertymanagement services to The Gardens Plaza Condo- miniums in Ocean City. “We are thrilled to announce our new partnership with The Gardens Plaza,” said Mi- chael Mendillo , president, FirstService Residential. “Our deep bench of subject matter experts, extensive industry expertise and our technology

The Gardens Plaza Condominiums in Ocean City

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