A Champion of Ethics Wins The Cooperator's 1999 Award Len Jones: Man of the Year

Every year The Cooperator recognizes individuals who have brought about positive change in the co-op and condo community. We're pleased to announce that P. Leonard ("Len") Jones, president of The New York Association of Realty Managers (NYARM), has been named winner of the 1999 Co-op and Condo Community's Man of the Year Award. Thanks to his commitment to promoting professionalism and ethics in co-op and condo management, residents can be assured that their property managers are meeting the toughest industry standards for ethics and moral behavior. Now is our chance to say thank you for his tremendous effort and determination. Keep up the good work!

A 35-year veteran of property management, Len Jones got into real estate management by accident. In 1964 he was working for a real estate landlord who needed help running a couple of buildings he had recently acquired. "I started working with buildings and I've never stopped," he explains. Jones has been the general manager of Clinton Hill Apartments in Brooklyn, an Insignia Residential Group property, since 1996.

In this capacity he oversees a 12-building co-op complex with 1,221 apartments and seven commercial spaces. His accomplishments include the development of a strategic plan for upgrading building systems for refinancing the co-op's $17 million mortgage and the strengthening of management's relationship with the co-op's board of directors. He supervises a staff of 39 administrative and maintenance personnel. "I get a tremendous feeling of accomplishment from real estate management," says Jones. "The residents of this co-op have come together nicely in the last few years, and the property is looking good."

As NYARM president - a position he has held since January 1995 - Jones is a tireless promoter of ethics in the real estate management industry. A key function performed by NYARM is the certification of hundreds of professionals bearing the nyarm (New York Accredited Realty Manager) designation. Property managers who receive certification are prepared to meet NYARM's rigorous ethical standard and blueprint for moral behavior. "We think our code of ethics is extremely important," says Jones. "And it certainly feels terrific to be named Man of the Year by The Cooperator," he adds. "I'm very proud to be recognized by such a respected organization."

Ensuring Professionalism

NYARM is a Manhattan-based membership and educational organization for real estate professionals that was founded in 1958. This year NYARM celebrates its 40th anniversary. Jones has been a member of NYARM for more than 20 years. He learned about the organization through a couple of business associates who were members and recommended that he also join. "I attended a NYARM meeting," recalls Jones, "and I liked what I saw. The people seemed to like one another, and the meetings were always informative."

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Comments

  • I am President of and the second longest term resident/member of the Vernon House Coop Apts in Philadelphia; Can you send me an e-mail about and any info. on when Coops sell one or more units as Condos. Specifically, I am interested in what this does to governance and the coop dynamic. MANY THANKS