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Can anyone recommend an inexpensive, yet conscionable, management company? Please do not respond with your own management horror stories, as I am trying to solve this problem, not be an ear to even more nightmares.
I'm on the Board of a financially-compromised coop building in a financially-compromised neighborhood in Brooklyn. Our management company, selected by the sponsor (who used to represent more than 50% ownership) does not do its job, which is costing the coop even more money. We're in a bind. Surely there's at least one reputable Management Co.?
Thank you!
Matthew Adam Properties is excellent. We've been with them for over five years and have been very pleased.
Thank you both so much; I will check out each of your recommendations. Our biggest problem is the dire financial straights this building is in.. we have very little (as in no) money. Do you know what you pay them annually?
Thanks again !
We have been with David Eisenstein Real Estate for over ten years and are very happy. We havent raised maintenance in many years and the building is very well kept.
Good Luck
Sam
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I am President of a 111 unit co-op on the Washington Heights/Inwood boarder. We have reserves almost equaling next year's annual maintenance and have done two major capital projects without assessments or flip taxes (we had the funds on hand for one and got a NYSERDA discounted loan for the other).
We very much like Blue Woods Management. Good luck in your search!
Steve
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