Press Release

My Green Condo featured in the Cooperator publication

We are delighted to let you know that the condo industry leading news publisher, the Cooperator has featured My Green Condo in their March publication.

The Cooperator newspaper recognizes the expertise and contribution of My Green Condo in promoting Green Living & sustaining a Green Environment within residential communities. They approached us to share both our experience & expertise for the benefit of all residential communities aspiring to promote green within their communities. Read on...

Green by Committee - Less is More
2013 March Vol. 3, No.3

Another way condo boards and residents can help the environment is by greatly reducing their paper and waste streams. A new online-based service called “MyGreenCondo.net” can help in that regard, according to co-founder and business development manager Ranjan Sankarasivam. The New Jersey-based company is targeting homeowner and condo associations around the country and internationally to help boards, managers and residents become greener citizens.
 
The company’s vision, he says, is to “create a distinct online global residential platform that brings together residents (owner/tenant), property management, board members, vendors and associations while reducing operating costs, increasing transparency, enabling flawless communication, eliminating manual/paper processing and promoting a green environment.”  

The way we look at it, there are many ways one board member or board members can contribute to green, he says. One example is solar power, or green waste management, or you can help by eliminating paper, that’s where we focus on, he says.  

“In establishing a committee, a committee obviously will look at ways for greening. But what I can talk about is eliminating paper, because paper is a big, big part of keeping green in any community,” Sankarasivam says.  

Both boards and property managers handle a lot of paper on a daily basis, whether it is leases or contracts, work requests or order forms, bylaw amendments or house rules, he says. Property managers are constantly sending out faxes, collection notices, work order requests, notices about landscaping or ongoing painting projects, and more. “There are a lot of papers that get circulated.”  

Sankarasivam says his business can help with that. “So what we do is that we have 40 different functionalities in our online application. For property management, that will help eliminate completely every paper within the building and also every property management operation associated with the building. We offer things like e-fax, e-signatures, sell tickets or collect money online. We offer Microsoft Share Point, that allows board members and committees and vendors working on electronic documents to manage them in electronic form, and provide links that can be used to share with people in email.”  

Sankarasivam says, “This obviously promotes green and there are many subsequent benefits attached to it. Three main benefits: One of them is a substantial cost savings. One of it is no more paper, memos, contracts, faxes, that saves you money—a paper reduction, no fax machine, no filed paperwork or storage. You don’t have to keep files.”  

But not everyone has access to computers, email, or is conversant with computer lingo, especially older residents, he notes. To encourage adoption of online resources, he recommends that boards provide the access themselves. “In today’s day and age, every place will have an Internet connection. The challenge is always, what type of community? In some of the elderly communities, what we always do is encourage every building who is our client to put a computer in the common areas of the building. And then you have everybody walking by and come into the common area and they sign in with a user name and a password. That’s really worked well. You have a selection of people who can’t do this and the board can make a decision to do paper-based mailings specifically for them,” he says.  

“The idea of automation that always gets shuts down is that there are people out there that can’t use it. It’s a different mindset. That’s where we actually can make a difference. We can show that there’s a cost savings for doing this.”  

Sankarasivam said this service also promotes continuity, as all the community documents, whether they are bylaws/house rules, administrative operations, management forms, residential leases, etc., can be stored digitally, and will be there for future generations. Board members change, management companies’ change, unit owners change, but the building’s institutional memory and recordkeeping will remain intact, he says.  My Green Condo, Inc., which was founded in 2011, will do a case study and provide a cost benefits analysis to any condo community or HOA looking to automate their building operations.  “When we go to an association, we prove to them that our cost is minimal to the comparison that the cost savings they are going to achieve,” he says.

Please peruse the full article at your leisure by clicking on the Cooperator link - http://sflcooperator.com/articles/561/1/Green-by-Committee/Page1.html

About The Cooperator:

For more than two decades, Yale Robbins, Inc. has been the premier real estate publisher in New York City and nine states throughout the Northeast. Their diverse range of publications, products and trade shows provide invaluable resources to both the commercial and residential sectors of the industry. Their popular magazine, Office Buildings, is the quintessential pictorial directory for commercial properties. Each of these regional publications offer information on hundreds of buildings including a photograph, building data, local broker directories, area maps, and editorial content including major deals, new development and more.

In addition they publish The Cooperator (NY), The New Jersey CooperatorThe Chicagoland CooperatorThe South Florida Cooperator and New England Condominium magazine, four-color monthly publications that address issues of importance to the cooperative, condominium and HOA communities. They also host annual trade shows in each of these markets. Trusted by thousands, our trade shows have quickly become the leading event for board members, shareholders, unit owners and property managers to meet building service companies, attend educational seminars and get their questions answered.

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My Green Condo has teamed up with leading Condo Marketing firm, The Marketing Directors

We are extremely pleased to announce that The Marketing Directors has teamed up with My Green Condo Inc. to promote their new condo projects.

Every organization has its own system, process, procedure and record keeping. These are not tightly coupled with specific individuals or vendors or service providers. System access is deactivated for those departing the org. and activated for those joining the organization. All information and records are retained, thus ensuring continuity of its operation. Unfortunately, this is not the case within the condo structure. There is no continuity in operations when changes occur, which then results in not only poor service but also unnecessary expenses related to rework/loss of records/contract agreements for residents/owners. 

A key focus of our strategy is to work with industry leading condo marketing firms to establish My Green Condo at the point of creating a Condo/HOA Association. We are very excited to announce that one of the largest and industry leading marketing firm, Meadow Partners (with US$23bn under management) has teamed up with My Green Condo Inc. to promote their projects. My Green Condo's online property management solution as a condo service will not only help to improve condo sales, but also enhance the condo living experience of their buyers while enhancing the green living experience.

About The Marketing Directors:

For more than 30 years, The Marketing Directors has been the preeminent development advisory and marketing and sales force in luxury residential development. Its team works exclusively on behalf of elite owners and builders of residential housing to develop, market and sell customized, architecturally-superior spaces. The Marketing Directors’ sophisticated professionals are industry leaders, respected partners and market innovators. Headquartered in New York City with offices and sales teams across North America, The Marketing Directors has $30 billion in collective sales and has led its clients to successfully sell out more than 1,000 new developments. Past projects include The Sheffield, Linden78, Platinum and The Visionaire.

About My Green Condo Inc.:

My Green Condo Inc. offers a web portal management service (MGC) to condo associations & property management companies around the world. The mission of My Green Condo Inc. is to promote Engagement, Efficiency, Green environment and Give back (eEGG™) within residential communities. Cost of MGC is fully funded by cost savings achieved from existing operations, thus ensuring no incremental cost. Unlike other providers, My Green Condo Inc. also gives back a percentage of the subscription revenue to the community.

MGC Publications, April 04 2013

My Green Condo teams up with one of the largest global Investment fund & real estate developer, Meadow Partners

My Green Condo was launched with a mission of redefining the way Condo/HOA associations are managed globally. Every association is similar to a service organization, but not managed in the same way. The vision of My Green Condo is to enable all Condo/HOA associations to function, operate and reap the benefits of a service organization.

Every organization has its own system, process, procedure and record keeping. These are not tightly coupled with specific individuals or vendors or service providers. System access is deactivated for those departing the org. and activated for those joining the organization. All information and records are retained, thus ensuring continuity of its operation. Unfortunately, this is not the case within the condo structure. There is no continuity in operations when changes occur, which then results in not only poor service but also unnecessary expenses related to rework/loss of records/contract agreements for residents/owners. Please click on this MGC Introduction for more details.

A key focus of our strategy is to work with industry leading condo marketing firms and developers to establish My Green Condo at the point of creating a Condo/HOA Association. We are extremely pleased to announce that one of the largest global Investment fund and real estate developer, Meadow Partners (with US$23bn under management) is teaming up with My Green Condo Inc. to promote their projects. They believe that offering My Green Condo's online property management solution as a condo service will not only help to improve condo sales, but also enhance the condo living experience of their buyers while enhancing green living. In the coming weeks, they will include My Green Condo in their press release and marketing promotion.

About Meadow Partners:

Meadow Partners is a privately owned real estate investment and asset management firm that was established in February 2009. The company was founded by Jeffrey M. Kaplan, a 23-year veteran of institutional real estate investment and previously Managing Principal and Co-Chairman of the Investment Committee of Westbrook Partners. Mr. Kaplan and his two partners, J. Andrew McDaniel, based in London, and Timothy P. Yantz, based in New York City, have a history of successfully investing together at Meadow Partners, and previously at Westbrook Partners.

Meadow Partners’ management team has over 40 years of collective real estate investment experience. The Partners have been responsible for the acquisition and ongoing asset management of $23 billion of real estate assets located in the United States, Europe and Asia through over 200 separate transactions. The Partners have been among the most active and successful real estate investors in the world, and have a broad and diverse investment experience by property type, geographic location, deal size, transaction type and investment structure.

About My Green Condo Inc.:

My Green Condo Inc. offers a web portal management service (MGC) to condo associations & property management companies around the world. The mission of My Green Condo Inc. is to promote Engagement, Efficiency, Green environment and Give back (eEGG™)  within residential communities. Cost of MGC is fully funded by cost savings achieved from existing operations, thus ensuring no incremental cost. Unlike other providers, My Green Condo Inc. also gives back a percentage of the subscription revenue to the community.

MGC Publications, April 04 2013

Launching My Green Condo (MGC) association portal, a world-class residential online platform

My Green Condo Inc. passionately believes in making a difference within residential communities with a vision of “Creating a world-class residential online platform that eliminates manual and paper processing while ensuring flawless communication and transparency amongst residents, property management, board members, vendors and associations”.

Our experience and studies show that globally the condo industry by design is fragmented resulting in condo associations not having continuity of both ownership and operations. At any time, there are four constituents within an association:

  • Builder/Developer - Primary goal of a builder/developer is to build a condo complex that results in an attractive profit margin; once transition is complete, the builder/developer has no accountability to the condo association.
  • Management Company - Are only responsible to the condo association as long as they are in service; When replaced, in most cases the condo association loses knowledge, information and often condo records cumulated during the tenure of the management company.
  • Board Members - Are elected to serve for a period of time on the board; when there is a change in board membership, expertise/knowledge of the board member is lost.
  • Condo Residents - When residential changes occur, condo associations often lose knowledge and history of the particular unit.

MGC provides an association with the capability to automatically capture full history of information and records of all activities. Historical and current data of all activities of the property management company, board members and condo owners/tenants during their tenure with the association are captured. No handover is required - Using these records new property management companies and new board members can be effective from day one. Similar to any service organization, old users are archived/removed and new users are added with appropriate access levels.

MGC provides an online one-stop shop platform with comprehensive features and functionalities to serve the condo association, property management, security/front desk and residents. MGC will reduce/eliminate process inefficiencies that exist within condo association and management practices. Quality of service to the residential community is highly impacted by inefficient practices and leads to unnecessary expenses, high maintenance fees and dissatisfied residents. MGC is enriched with features and functionalities that allow condo associations and management to improve their processes and to substantially cut operating costs.

Business Model

Unlike other similar service providers within the condo industry, subscription cost of MGC gets fully funded by savings achieved from existing operations of an association and property management company. MGC’s service ensures no incremental cost. The mission of My Green Condo Inc. is to promote Engagement, Efficiency, Green environment and Give back (eEGG™) within residential communities. The company is committed to promote a green environment and partners/affiliates with various organizations to enable the same. A percentage of the company’s revenue is given back to environment and community outreach programs.

My Green Condo affiliates with Adobe EchoSign to give associations and property management ability to digitally sign documents

My Green Condo Inc. is pleased to announce an affiliation with Adobe EchoSign, leader in on-demand, web-based, fully digital electronic signature solutions.

Condo associations and property management companies often need to execute agreements as a part of their operations. The property management industry is a paper driven industry, involving approvals of numerous documents including estimates, leases, and management contracts. This implies a manual process of printing; delivering/mailing documents for signatures and the need to have individuals whether residents or other parties to be physically present on location to execute the contracts or agreements. This is not only expensive and time consuming, but also leads to waste of natural resources.

My Green Condo Inc. seeks to reduce manual processing and institute processes within My Green Condo (MGC) that negates the need for printed material. The company passionately believes in conserving natural resources and maintaining them for future generations. One way to contribute towards this would be to cut down on the amount of waste that is produced in the usage of paper. In this endeavor to explore and identify innovative methods and techniques, My Green Condo Inc. has linked with EchoSign to offer an electronic signature solution.

EchoSign is the leader in on-demand, web-based, fully digital electronic signature solutions that don’t require scanning software, signature pads or digital certificates.

EchoSign allows property management, board members, vendors and residents to simply sign and complete agreements/time-sensitive documents right from their iPads and smartphones. Provides automation of the entire execution process from beginning to end and shows the user where to sign or initial, what has already been signed and by whom. Documents are then converted to PDF and sent to the necessary people. Signed contracts are automatically stored in the user’s EchoSign account for future access. The company’s online signature technology complies with all legal standards, accepts documents in a variety of formats and attaches a digital signature to secure electronic documents, creating electronic records of agreements, transactions, and facilitates electronic commerce.

About EchoSign:

In just one click, the EchoSign electronic signature solution automates the entire signature process from the request for signature to the distribution and filing of the executed agreement or form. With nothing to download, learn or install, there is simply no faster or secure way to get your contracts signed, tracked and filed. EchoSign customers close more than $300M in contracts each month with an average 'quote to close' time of 42 minutes. EchoSign has won numerous awards including a 2009 WizKids Award from Beagle Research Group, LLC, Red Herring Top 100 Private Company, and has twice been named by Salesforce.com as an AppExchange Essential and JMP Securities in the "Hot 100 Report". More than three million users at organizations such as British Telecom, Comcast, Delta Airlines, GE Capital, Qualcomm, and Time Warner Cable use EchoSign everyday to get contracts signed, tracked and filed in the most efficient and effective way possible. For more information, visit www.echosign.com. Adobe acquired EchoSign in mid-July 2011.

About My Green Condo Inc.:

My Green Condo Inc. offers a web portal management service (MGC) to condo associations & property management companies around the world. The mission of My Green Condo Inc. is to promote Engagement, Efficiency, Green environment and Give back (eEGG™) within residential communities. Cost of MGC is fully funded by cost savings achieved from existing operations, thus ensuring no incremental cost. Unlike other providers, My Green Condo Inc. also gives back a percentage of the subscription revenue to the community.

MGC teams up with eFax® to give associations and property management the ability to send/receive fax as email

My Green Condo Inc. is pleased to announce an affiliation with eFax® the premier online fax network, offering fax numbers in 3,500 cities and 46 countries around the world.

Most condo associations and property management companies still use fax machines, hence valuable time and money is spent on sending, receiving, storing and searching paper faxes. This is not only expensive and time consuming, but also leads to waste of natural resources. Fax machines churn out more than 200 billion pages a year in the United States alone. Reducing this amount by just 5% would: Preserve over one million trees per year, conserve water, save energy and improve air quality.

My Green Condo Inc. passionately believes in conserving natural resources and maintaining them for future generations. One way to contribute towards this would be to cut down on the amount of waste that is produced in the usage of paper. My Green Condo Inc. seeks to reduce manual processing and institute processes within My Green Condo (MGC) that negates the need for printed material. In this endeavor to explore and identify innovative methods and techniques, My Green Condo Inc. has teamed up with eFax to offer digitization of faxes.

My Green Condo Inc. is very pleased to announce an affiliation with eFax®, the premier online fax network. eFax provides the ability of sending/receiving faxes as easy as emails in a secure/encrypted manner with the convenience of organizing and storing them securely and the ability of accessing these documents anytime from anywhere in the world. This will help reduce a lot of man-hours spent on sending, receiving, storing and searching fax documents. In turn, associations and management companies’ benefit from reduced operating cost and can promote and sustain a green environment by eliminating unnecessary paper processing.

About eFax®:

eFax is a brand and registered trademark of j2 Global, Inc. (NASDAQ: JCOM) and is online at www.efax.com.

Founded in 1995, j2 Global, Inc. provides outsourced, value-added messaging and communications services to individuals and businesses around the world. With offices in eight cities worldwide, j2 Global's network spans more than 4,700 cities in 49 countries on six continents. The Company's websites appear in numerous languages, including Dutch, French, German, Spanish, English and more. Payments are accepted in currencies that include the U.S. Dollar, British Pound, Canadian Dollar, Japanese Yen, Euro, Hong Kong Dollar and more. j2 Global provides live sales and customer service support in multiple languages, including English, Spanish, Dutch, German, French, Cantonese and more. j2 Global markets its services principally under the brands eFax®, MyFax®, eFax Corporate®, Onebox®, eVoice®, Campaigner®, Electric Mail®, and KeepItSafe™. As of December 31, 2010, j2 Global had achieved 15 consecutive fiscal years of revenue growth. For more information about j2 Global, please visit www.j2global.com.

About My Green Condo Inc.:

My Green Condo Inc. offers a web portal management service (MGC) to condo associations & property management companies around the world. The mission of My Green Condo Inc. is to promote Engagement, Efficiency, Green environment and Give back (eEGG™) within residential communities. Cost of MGC is fully funded by cost savings achieved from existing operations, thus ensuring no incremental cost. Unlike other providers, My Green Condo Inc. also gives back a percentage of the subscription revenue to the community.

Teaming up with Eventbrite to provide associations and communities the ability to host and organize events

My Green Condo Inc. is pleased to announce an affiliation with Eventbrite, one of the leading online event-management and ticketing service provider.

Associations, management companies and communities often need to host and organize community events such as fundraisers, holiday events and parties. These involve organization, scheduling and facilitation, requiring a lot of man-hours. The associated cost is higher and service is always with the risk of not meeting the satisfaction of residents and organizers.

My Green Condo Inc. is very pleased to announce an affiliation with Eventbrite, one of the leading, popular, global, online event-management and ticketing service provider. Associations, property management companies and residents can create/subscribe, organize, sell/buy tickets and also send custom invitations for events within Eventbrite.

Eventbrite makes event management and promotion easy. With Eventbrite, anyone can customize and publish a professional online event registration page; leverage powerful event promotion tools to raise awareness and increase attendance; track attendees through charts, graphs and stay organized; and finally collect ticket payments through secure credit card processing, PayPal, or Google Checkout.

My Green Condo Inc. continues to enhance My Green Condo (MGC), explore and leverage various innovative methods, tools and techniques to facilitate, assist and enable one stop shop for communities in their every day life. This is yet another way to further MGC’s commitment to connect people globally, institutionalize efficient practices and enable a green environment green.

About Eventbrite:

Eventbrite is an online events marketplace where tens of thousands of individuals, businesses and organizations of all sizes manage, promote and sell out their events. With over five million registrations to date and over ten thousand new events published every month, Eventbrite is bringing explosive growth to the events industry by making it easy for anyone to host a successful event. With a suite of free and easy-to-use online tools, Eventbrite empowers event organizers with everything they need to create a professional online presence and to effectively promote their events on the Web. As the World's Marketplace for Events, Eventbrite proudly serves event organizers from almost every industry, as well as thousands of non-profits, universities, libraries and faith-based organizations from all over the world. For more information on Eventbrite, please visit http://www.eventbrite.com.

About My Green Condo Inc.:

My Green Condo Inc. offers a web portal management service (MGC) to condo associations & property management companies around the world. The mission of My Green Condo Inc. is to promote Engagement, Efficiency, Green environment and Give back (eEGG™) within residential communities. Cost of MGC is fully funded by cost savings achieved from existing operations, thus ensuring no incremental cost. Unlike other providers, My Green Condo Inc. also gives back a percentage of the subscription revenue to the community.

Teaming up with Green Irene to promote green environment within residential community

My Green Condo Inc. is pleased to announce an affiliation with Green Irene, America's Leading Eco-Consulting Firm, to provide green products and services to resident communities.

My Green Condo Inc., an innovative service provider in the property management industry, offers online management tools for condo associations and property management companies to carry out all their management responsibilities in an efficient/effective manner, while also facilitating and promoting a green environment.

The company passionately believes in saving natural resources and maintaining them for future generations. One way to contribute towards this would be to cut down on the amount of waste that is produced in the usage of paper. My Green Condo Inc. seeks to reduce manual processing and institute processes that negate the need for printed material. My Green Condo (MGC) is built with this foundation in mind and strives continually to drive innovation and improved techniques for the better of the environment.

My Green Condo Inc. is pleased to announce an affiliation with Green Irene, America's Leading Eco-Consulting Firm, to provide green products and services to resident communities. MGC customers can now benefit from services offered by Green Irene and keep their community green. There are too many choices and not enough time to research green products and most often are faced with a challenge of finding reliable providers but also find what is out there at affordable price. Green Irene is always on the lookout for the best products and offers Green Home Makeover, Green Business Certification, a nd can assist with its trained Eco-Consultants recommending and implementing appropriate green solutions. Along with this, Green Irene provides “Ask Green Irene”, an extensive green knowledge database that comprises a chock-full of links to articles on relevant topics, guides, cost-saving product recommendations, and calculators to estimate savings from the green upgrades made to home or office.

My Green Condo Inc. continues to explore innovative methods to enhance/better the communities and the environment. This affiliation with Green Irene demonstrates MGC’s commitment to continually deliver on techniques that ensures efficiency and betters the environment.

About Green Irene LLC:

Green Irene is on a mission to “Green Our World, One Home and Office at a Time.” Green Irene trains independent, authorized distributors of Green Irene consulting services and recommended green home and office products. Through these services, Eco-Consultants assist neighbors, family, employees and coworkers implement proven green solutions in their homes and small businesses and starts them on the path to a healthier, safer and more sustainable lifestyle. Green Irene is America's Leading Eco-Consulting Firm with over 650 trained Eco-Consultants in 50 states offering Green Home Makeovers, Green Business Certification, GO GREEN Workshops and many of the best green home and office products available. For more i nformation about Green Irene LLC, visit: http://www.greenirene.com.

About My Green Condo Inc.:

My Green Condo Inc. offers a web portal management service (MGC) to condo associations & property management companies around the world. The mission of My Green Condo Inc. is to promote Engagement, Efficiency, Green environment and Give back (eEGG™) within residential communities. Cost of MGC is fully funded by cost savings achieved from existing operations, thus ensuring no incremental cost.  Unlike other providers, My Green Condo Inc. also gives back a percentage of the subscription revenue to the community.

Partnership with PayLease to provide online payment for associations and property management

My Green Condo Inc. is pleased to announce a partnership with an industry leader PayLease™, an Online Payment Service Provider. This partnership will enable a one-stop shop via MGC for associations, residential property managers, and property management companies.

My Green Condo (MGC), an innovative service provider in the property management industry, offers online management tools for condo associations and property management companies to carry out all their management responsibilities in an efficient/effective manner, while also facilitating and promoting a green environment.

My Green Condo Inc. is pleased to announce a partnership with an industry leader PayLease™, an Online Payment Service Provider. This partnership will enable a one-stop shop via MGC for associations, residential property managers, and property management companies to – a) accept and manage online payments near real time, b) make direct deposits to third party bank accounts, and c) export transaction data directly to accounting systems. This will assist property managers to substantially elevate/enhance the level of service that they provide to communities and in turn residents will be able to enjoy greater convenience by these services. As a one-stop shop for residential, commercial and homeowner association management needs, PayLease is the most cost effective solution for streamlining the lease collection process available today. For more information, or to find out how their products can help your real estate management operations, please visit http://www.paylease.com today.

PayLease has been providing online payment services for multifamily, residential and HOA real estate markets for years with high retention rates and have a well-established name within the industry. PayLease processes payments for over 2,000 property management companies with property portfolio sizes ranging from 100 to over 1.2 million units throughout the United States. PayLease has an outstanding retention rate of 95% since inception in 2003.

My Green Condo Inc. continues to explore innovative methods to enhance/better the communities, reduce manual processing and institute processes that negate the need for printed material. This partnership with PayLease demonstrates MGC’s commitment to continually deliver on techniques that ensures efficiency and betters the environment.

About PayLease, LLC:

PayLease is a leading electronic payments platform and service provider for Property Management companies and Home Owner Associations located in San Diego, California. Since incorporating in May 2003, PayLease has grown to now serve clients in nearly all 50 states. PayLease's mission is to streamline lease payments and collection processes while providing world class customer service throughout the United States. Through technology and years of experience in the residential and commercial property industry, PayLease has created a payment system that specifically caters to the property management industry. For more information, please visit https://www.PayLease.com.

About My Green Condo Inc.:

My Green Condo Inc. offers a web portal management service (MGC) to condo associations & property management companies around the world. The mission of My Green Condo Inc. is to promote Engagement, Efficiency, Green environment and Give back (eEGG™) within residential communities. Cost of MGC is fully funded by cost savings achieved from existing operations, thus ensuring no incremental cost. Unlike other providers, My Green Condo Inc. also gives back a percentage of the subscription revenue to the community.