Who are the best coop property management companiess in NYC for a building 200 - 400 units?
What distinguishes them from the rest? What fees do they charge?
Hi BBCA, that is very generous of Mark Levine to share this document, what a great resource! My firm is a consultant to Co-op boards and have experience helping buildings change their managing agents. We have our own proprietary benchmarks for costs as well. Call us at 917.648.8154
I'm not sure about the best, but it's difficult to imagine an outfit worse than Century Management. I can't possibly add anything to the consensus that has emerged on Yelp.
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Hi BBCA, you really have to consider a lot of things when asking this question. We've been steadily bringing in bigger buildings because we're providing more value for the dollar than some of the larger companies. Also, we're creating an atmosphere of customer-driven service and creative use of technology in working with our Boards to manage their properties, correctly.
Today, we released a document that can be viewed that is an overview of being on the Board for new members in a Cooperative (full link here: https://www.dropbox.com/s/qsbwu00j4h18gzo/Welcome%20To%20The%20Board%20-%20Cooperative.pdf?dl=0) .
We're giving out free information to anyone who wants to read / digest it and it's really having a great impact on our company's growth.
The Boards of these bigger buildings will really have to figure out what they want in the future; there will always be the huge companies that will never be replaced because they have name recognition, but for the mid-sized, extremely hungry companies such as mine, we're going to create a product (customer service is still a product) that will hope to sway you away. Then once we're hired to manage, we're going to do even better.
If you'd like to talk off-line to see what we're doing and what our cost structures are, please shoot me a note. I'm really available 24/7.
- Mark
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