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Habitat Magazine October 2020 free digital issue

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ARCHIVE ARTICLE

The Inner Workings of the Management Business

Hiring a new management company, or even figuring out how to make your current management relationship better, is a multi-layered process. On the surface is personality, responsiveness, and chemistry, of course. But the underpinning of success is what is occuring in the back office, and our annual survey of New York’s leading management companies reveals some important details.

Six charts take you through the specifics of 43 property management companies. From portfolio size to annual management fees, internal controls to web capabilities, compliance platforms to energy procurement, these details will help you understand the foundation of each management company. The facts and figures are self-reported, nevertheless they will give you a good understanding of how things should work and where to look if your management relationship isn’t up to snuff.

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Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise

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