One of the most common questions we receive is who manages Manhattan Condo buildings? What happens if my sink clog up, toilet does not work or do they return phone calls quickly? Usually the size of your building will dictate the type of management company that runs it.
There are certain management companies that specialize in running large buildings with hundreds of units. These companies have the experience, infrastructure, and are specifically positioned to run buildings with dozens of support staff, maintenance workers, and resident requests. The big management companies typically manage multiple buildings and they have websites where they can be researched. Run a google search on them to see what the residents are saying, how quickly do they resolve issues? Keep in mind its always the disgruntled person who speaks the loudest!
In our experience, big management definitely has its pros and cons, as both a resident and as a real estate agent. Big management firms have the resources, training, and experience to solve almost any issue that comes up. Although in our working experience, big management can take a few days to find the right person to answer a question or concern. There are also times big property management is more reliable in terms of having all of the documents I might need to obtain information for financing or to submit an application.
If it is a smaller management company that runs the building find out if the superintent lives in the building? The superintendent (or residents manager) will be your knight in shining armor when you have any issues, definitely make sure you get to know them. Small management in our working experiences, have always been very organized and prompt in answering phone calls. Although the management may only manage one building or two, they are usually very sufficient and friendly to the residents of the building.
You will sometimes find that the building is self-managed, if this is the case, make sure you do your due diligence and find out how the management is structured and who is responsible for your requests.
Each experience is will be different, whether you live in a 500 unit building or a 20 unit building, everybody wants prompt and friendly service. You can get it in many ways from a helpful super to a large management company with staff at your disposal. Working with us, we can discuss what kind of condo and management structure will be best suitable for your lifestyle.
Other Manhattan NY Condo Questions:
- Does Manhattan New York condos have garage?
- What is included in my Manhattan New York Condo Common Charge?
- Who can help me manage my Manhattan New York condo?
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Eileen Hsu 許雅嵐 (email: EHSU(@)elliman.com)
We specialize in Manhattan New York Condominiums, townhouses, condops and cooperatives. We are condominium residents ourselves so we understand the Manhattan New York condominium community. We also enjoy all Manhattan neighborhoods, especially Upper West Side, Lincoln Square, Midtown East, Murray Hill, Financial District, Chelsea, Fifth Avenue, Greenwich Village, Nolita and etc just to name a few. If you or you know someone that may be interested in selling, buying or leasing their Manhattan New York condo, call us today (917)837-8869 or (646)644-6929 and we can discuss your specific Real Estate needs in private. Thank you.
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