Page 4 - NJ Cooperator Fall 2020

4 THE NEW JERSEY COOPERATOR —FALL 2020 NJCOOPERATOR.COM Industry Pulse Events The New Jersey Cooperator Introduces FREE Webinars—a New Resource for Boards and Managers at njcooperator. com/events The New Jersey Cooperator, a Yale Robbins publication, has been a resource for the boards, managers, and residents of condos, HOAs, and co-ops for nearly two decades, both in print and online—and we are pleased to announce a new addition to our toolkit. Yale Robbins Productions has launched Cooperator Events, a new series of FREE educational ‘town-hall’ style webi- nars, sponsored by leaders in the multi- family industry and focusing on issues and challenges facing today’s boards. We have assembled expert panels on everything from legal questions around the COVID- 19 pandemic to optimizing your insurance coverage to disinfecting your community’s pool. Registration and attendance are FREE to all—just visit njcooperator.com/events, choose the webinar you’d like to attend, and sign up. It’s that simple. You’ll get an email link and reminders for the event, and will have the opportunity to submit ques- tions for the panelists before AND during the webinar itself. Past events are archived and available on-demand on njcooperator. com/events. Serving on your board is a big job, and a big responsibility, but sound, timely advice from industry veterans can help lighten the load and make your building or association run more smoothly. We’re committed to helping you achieve that, and look forward to ‘seeing’ you at an upcoming webinar! Transactions Penthouse Is Asbury Park’s Priciest Home Ever Sold A press release from Asbury Ocean Club announces that a penthouse at the 17-story condo that was listed for $5.9 million set a record for the most expensive residence in Asbury Park when it closed in August. At 6,846 square feet, including 2,300 square feet of private outdoor space, the duplex penthouse is the largest of the resi- dences at Asbury Ocean Club. It boasts four bedrooms, four bathrooms, and an outdoor kitchen on the roof. Residents of Asbury Ocean Club have access to 24/7 concierge services, a 65 x 30-foot heated ocean-view pool and sun deck, a pampering spa, a state-of-the-art fitness center, a library and game room, a fully equipped chef’s kitchen, a cinema screening room, and a business center with private offices and video conference capa- bilities. There is also a pet spa and wash sta- tion, in case four-legged residents get sandy at the adjacent beach. At the heart of the property, according to the release, is The Drawing Room—a “glass house” looking onto the deck and sand-dune landscape—that serves as a liv- ing room with an open kitchen and liba- tions lounge, creating a year-round fireside retreat. In light of COVID-19 precautions that encourage people to stay safe at home and limit indoor social activities, such ame- nities are a popular draw for buyers, espe- cially those in the second-home market. “People are spending more time at home now more than ever and are seeking a drivable escape,” says Jodi Stasse, Senior Managing Director of Corcoran Sunshine, who leads Asbury Ocean Club’s exclusive sales and marketing team. “Asbury Ocean Club provides that unique resort getaway where you can truly live, work and play. “The appeal of a ‘lock and leave’ life- style means every request is resolved with a phone call the minute you arrive home, or even before,” Stasse continues. “The vision was to provide our owners with more time to spend with family and friends while our concierge takes care of your everyday needs. That is Asbury Ocean Club.” Industry News Access Property Management Names New President Access Property Management (APM), based in Flemington, New Jersey, announc- es that Alex Scheffer has been named the firm’s new President following the unex- pected death of his father and mentor, the firm’s founder and CEO Wayde Scheffer, on July 6, 2020. According to APM’s release, Scheffer joined the company in 2010 as a prop- erty manager after graduating college. He was personally mentored by APM’s Chief Operating Officer Louise Krinsky and earned his Certified Manager of Community Association (CMCA) and Certified Property Manager (CPM) accred- itations during his tenure. Scheffer was appointed Vice President for Fox Chase Contracting, the building division company associated with APM, in 2018. In that role he was involved in the company’s robust expansion of services for established homeowner associations and townhome communities throughout New Jersey and Pennsylvania, per the release. APM’s Chief Financial Officer, Andrea Dedrick, describes Scheffer as “a proven leader with expertise in operations, finance, and strategic planning.” Krinsky adds, “While Alex is a skilled strategic thinker who is passionate and takes a hands-on approach, he also embod- ies Wayde’s thoughtful and focused leader- ship style.” Scheffer relayed in a September 18 video statement to the company that he is looking forward to seizing technological advances that will facilitate efficiencies for APM as well as homeowners and board members. He concluded, “I am honored to be work- ing with the best people in the industry.” APM is a mid-sized, full-service proper- ty management company founded in 1989 PULSE continued on page 22