Bostancı sits at the southern end of the Bağdat Caddesi corridor, where the shore, the marina and a transport hub meet. Metro, Marmaray and ferry connections make it both a residential area and a place people pass through.
A mixed building stock: one approach will not do
Bostancı’s buildings are far less uniform than those in Suadiye or Caddebostan. In the same area you find:
- High-value, low-rise apartment blocks along the shore
- Mid-sized buildings from the 1980s in the inner streets
- Recently built multi-block developments with shared facilities
These three need completely different management. In one the issues are corrosion and parking, in another renewing the services, in the third the operating cost of shared facilities and the division of powers in a multi-block development.
For every building we take on we first establish which category it falls into, and build the maintenance plan and budget accordingly.
Transparency in developments with shared facilities
The newer developments here have pools, gyms, underground parking and round-the-clock security. Those facilities make up most of the service charge.
The mistake we see often is lumping all of it into a single “general expenses” line. When owners cannot see where their money goes, every meeting turns into an argument. In the developments we manage, each shared facility is reported under its own cost line.
Corrosion along the shore
Near the sea, salt air wears railings, window frames and air-conditioning units quickly. Corrosion checks are a separate item in the maintenance calendar for these buildings.