The Wavecrest Management Team Ltd. is a full service management company which began operations in 1979 when we took over the management of Wavecrest Gardens, a 1,650 unit, 38 building development located in Far Rockaway, New York. With no available capital other than the cash flow from the buildings and faced with a complex that was operating at a high deficit, we began our work. We learned rather quickly that you had to maximize your income while controlling costs. We turned Wavecrest Gardens around and these same techniques are presently used in buildings that we manage for private investors, non-profit organizations, cooperatives and condominiums, financial institutions and government agencies. Today the Wavecrest Management Team Ltd. manages approximately 18,250 units in over 300 buildings in the New York metropolitan area. Our specialty is the management of affordable rental housing, including HUD Project Based Section 8 and tax credit properties, and cooperative/condominium developments. The majority of the buildings we manage are located primarily in Manhattan, The Bronx, Queens and Brooklyn. Wavecrest employs 105 full-time individuals to carry out the services necessary to properly manage its portfolio of units. While our main office is located in Queens, we have site offices in The Bronx, Brooklyn and Manhattan.