Straight Line Public Relations: Blue Asset

Showing posts with label Blue Asset. Show all posts

Monday, May 2, 2011

Blue Asset Management LLC Weathers Floods in Northern New Jersey

According to Charles Blumenkehl, managing partner of Blue Asset Management, "This has been a most unusual winter, bringing a dozen snowfalls and seemingly monsoonlike rain to the area.

Wayne, NJ, May 01, 2011 - According to Charles Blumenkehl, managing partner of Blue Asset Management, "This has been a most unusual winter, bringing a dozen snowfalls and seemingly monsoonlike rain to the area. The result was that, for the first time since we owned the property, we experienced flooding in our Little Falls rental property twice in one 12 month period, causing evacuation of the property. In addition, several of our properties in close proximity to the river experienced minor flooding and damage from the abundance of water." According to Blumenkehl, the floods which took place in 2010 were worse than the recent flooding, and resulted in the installation of new walls, flooring, kitchen and bathroom cabinets and vanities, and a myriad of other repairs and remedial activity to mitigate the damage caused by the flooding. The 2011 flooding, while not as high or as prolonged as the floods last year, will result in the replacement of much of the new materials installed in 2010.

Blumenkehl continued, "It is such a shame to see the investment we made in our property needing replacement so quickly. We have owned real estate in the area for more than twenty years, and I have never seen flooding come so close to each other in such a short period of time. Hopefully," said Blumenkehl, "we won’t have to experience anything like this for a long time, if ever again."

Blumenkehl added that while flood insurance will help to offset much of the damages incurred, it still adds to the companies already robust work list resultant from the many acquisitions his fund has made in the past months. Blumenkehl continued "Our crews and contractors are working six and seven days a week to catch up to the workload on our new acquisitions and complete the work we were unable to do because of the tough winter we experienced. This will add to the burden, and since it is a priority to repair the flood-damaged properties so our tenants can move back in quickly, we will see some of our other projects further delayed."

Blumenkehl was pleased that none of his tenants in the area suffered damages to their property since there was sufficient notice before the flooding took place. He has only received notice from one tenant that they do not intend to re-occupy their premises even if it is restored within the period provided for in the lease agreement.

Located in Wayne, New Jersey, Blue Asset Management LLC owns, manages and operates numerous rental properties throughout northern New Jersey. For more information about Blue Asset Management LLC, call the company directly at 973-835-1400 or log onto the company website at www.blueassetmanagementllc.com.

Contact:

Charles Blumenkehl

Managing Partner

Blue Asset Management LLC

2282 Hamburg Tpke

Wayne, NJ 07470

Tel:(973) 835-1400 ext. 103

Fax (973) 835-08105

cblue@bluerealty.com

http://www.blueassetmanagementllc.com

Thursday, April 28, 2011

Blue Asset Management Going Green

Charles Blumenkehl of Blue Asset Management LLC says his company has a responsibility to be eco-friendly and do their part to contribute to a safer environment.

Wayne, NJ, April 27, 2011 - As owners and operators of rental properties throughout northern New Jersey, Charles Blumenkehl of Blue Asset Management LLC feels his company has a responsibility to be eco-friendly and do their part to contribute to a safer environment.

Blumenkehl has identified a number of ways to "go green" in his buildings. Said Blumenkehl, "With more attention focused on protecting our environment and saving our natural resources, we have found numerous ways to assist in this effort by making our buildings more eco-friendly, These initiatives range from simple things like increasing our periodic inspections and encouraging our tenants to report water leaks, however small that may seem, running toilets, unplugging electric devices that aren’t in use, and switching to green energy sources where practicable. We have also been using water-saving devices and adding features to existing systems to help cut down on the amount of water and energy our buildings will need to use without cutting back on amenities, installing window treatments where possible to cut back on the need for air conditioning in the summers and using roof coatings that help save on heat and electric use. We are using chemical-free paints, adhesives and other maintenance-related products that are no more expensive than their competitors. As property managers desiring to 'green' our space, we have identified plenty of low-cost ways for our buildings to be friendlier to our environment."

Blumenkehl added that by encouraging his tenants to save on resources as well, they will also cut on their own electric and heating bills benefiting themselves as well as the eco-environment. "Our tenants can go green by unplugging appliances and using chemical-free products. They can help us to identify leaky faucets quicker, and install their own window treatments to conserve heat in the winter and to keep their units cool in the summer without cranking up their air conditioning," said Blumenkehl. "We also encourage our tenants to recycle, and are installing recycling containers in buildings where it makes sense.

"There’s a myth that there isn’t a lot that renters can do, and that the onus of eco-friendly initiatives fall solely on the landlord," concluded Blumenkehl. "But, our individual behavior as well as those efforts made by property owners like ourselves will have a huge impact on sustaining our environment. Our residents have a lot of opportunity to make a big difference themselves, and will also benefit by having lower utility bills to pay."

Charles Blumenkehl has owned and operating rental real estate in New Jersey since 1977. He founded Blue Asset Management LLC to leverage opportunities arising from the mortgage and real estate meltdown of the past few years. For more information about Charles Blumenkehl or Blue Asset Management or to present real estate investment opportunities to the group, log onto the company website at www.blueassetmanagementllc.com or call the company directly at 973 835-1400.

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