KINGS WAY is comprised of three different condominium associations. The
original 19 units are called Admiralty Heights. The Kings Way Condominium Trust
oversees the other 456 town homes and carriage homes, built by the Green Company,
a nationally renowned developer. Heatherwood, which serves a more senior population and provides dining room,
homemaker and other services, was developed about the same time, and is situated
in one of the many village neighborhoods.
The Kings Way Trust was created to oversee the shared open space and amenities
for the three condominium developments within Kings Way. Each condominium development
has its own Homeowner’s Association, and each has representation on the
Kings Way Trust, responsible for:
The need for more senior services and self-contained amenities, including
dining room, beauty parlor, arts and crafts, library, housekeeping, etc., spurred
the development of Heatherwood at Kings Way. The first units were ready for
occupancy in 1998, with full build-out completed in 2003, bringing the total
number of resident units to 191. Heatherwood also has its own Board of Trustees
to oversee its management needs.
THE KINGS WAY CONDOMINIUM TRUST
When you turn off Kings Circuit (the main circular roadway) onto the village
streets, you enter the domain of the Kings Way Condominium Trust. The nine
elected Trustees have broad powers to manage and maintain the common areas
and buildings within the villages. The Condominium Trust is the association
of homeowners responsible for maintaining and servicing all “common areas
and elements” within the Condominium. Their responsibilities include,
but are not restricted to:
As might be expected, there are overlapping areas of community interest between
the Kings Way Trust and The Kings Way Condominium Trust. Good cooperation between
the two Trusts is essential to ensure that homeowner’s interests are
well served. To facilitate this goal, one of the nine Trustees from the KWCT
is “assigned” as a liaison to the KWT Board. Serving on both Boards
enables the liaison Trustee to bridge the gaps, ensure that communication remains
effective, and help eliminate duplication of effort.
MANAGING AGENT FOR KINGS WAY CONDOMINIUMS
A property management company’s clients and the diversity of its portfolio speaks volumes about its depth of experience, capabilities and service standards. Barkan Management Company, the premier manager of condominiums, cooperatives and apartments in the Northeast, has an impressive client list including diverse property types from Boston to Washington, D.C.
Barkan Management manages a broad array of properties from ultra-luxury to affordable housing and many categories in between. We understand market niches and we’re able to manage effectively in each market segment. Our average client relationship of more than 12 years is a testament to the reliability and consistency of our services. Our staff of more than 700 employees meets the varying needs and expectations of the residents and tenants we serve.
Barkan Management employs and supervises the personnel of our on-site Kings Way Community Management staff. As "managing agent" Barkan Management oversees financial, tax, and administrative requirements, as well as provides for the local day-to-day management of the community. The on-site Property Manager has been delegated rights and authority by the Trustees to carry out the routine operations, including management of the waste water treatment plant, maintenance requirements, and landscaping work. Barkan Management employs and supervises the personnel of our on-site staff, and/or contracts with or hires companies for maintenance and other services. Also, Barkan Management collects your monthly fees, makes all payments and disbursement of funds, interfaces with the homeowners on behalf of the Trustees, makes budget and maintenance program recommendations, and in general, does what is necessary to keep Kings Way beautiful and running smoothly.
"Partnering with our communities to enhance the quality of life and peace of mind for all residents."